ActivePassive International Equity ETF (NYSEARCA:APIE) Reaches New 52-Week High – Time to Buy?

ActivePassive International Equity ETF (NYSEARCA:APIEGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $31.34 and last traded at $30.97, with a volume of 57548 shares changing hands. The stock had previously closed at $30.50.

ActivePassive International Equity ETF Price Performance

The company has a market capitalization of $740.52 million, a price-to-earnings ratio of 12.91 and a beta of 0.90. The stock has a fifty day simple moving average of $29.11 and a 200-day simple moving average of $29.39.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ActivePassive International Equity ETF stock. Fortitude Family Office LLC bought a new position in shares of ActivePassive International Equity ETF (NYSEARCA:APIEFree Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,097 shares of the company’s stock, valued at approximately $64,000.

About ActivePassive International Equity ETF

(Get Free Report)

The ActivePassive International Equity ETF (APIE) is an exchange-traded fund that is based on the S&P Classic ADR Composite index. The fund is an actively managed fund that utilizes a core and explore investment strategy in pursuing international equity exposure. The strategy blends passive and active approach to optimize cost, tracking and potential return over its benchmark index.

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