ActivePassive International Equity ETF (NYSEARCA:APIE) Sees Large Volume Increase – Should You Buy?

ActivePassive International Equity ETF (NYSEARCA:APIEGet Free Report) shares saw an uptick in trading volume on Friday . 87,025 shares traded hands during mid-day trading, a decline of 24% from the previous session’s volume of 113,869 shares.The stock last traded at $30.24 and had previously closed at $30.70.

ActivePassive International Equity ETF Stock Up 0.2 %

The business has a 50-day simple moving average of $29.23 and a 200-day simple moving average of $29.46. The company has a market cap of $861.33 million, a PE ratio of 17.04 and a beta of 0.90.

Institutional Investors Weigh In On ActivePassive International Equity ETF

An institutional investor recently raised its position in ActivePassive International Equity ETF stock. Pinnacle Bancorp Inc. increased its holdings in shares of ActivePassive International Equity ETF (NYSEARCA:APIEFree Report) by 189.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,586 shares of the company’s stock after buying an additional 1,692 shares during the period. Pinnacle Bancorp Inc.’s holdings in ActivePassive International Equity ETF were worth $72,000 at the end of the most recent quarter.

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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