ActivePassive International Equity ETF (NYSEARCA:APIE) Sees Unusually-High Trading Volume – What’s Next?

ActivePassive International Equity ETF (NYSEARCA:APIE) shares saw strong trading volume on Thursday . 74,695 shares were traded during mid-day trading, an increase of 13% from the previous session’s volume of 66,261 shares.The stock last traded at $29.79 and had previously closed at $29.48.

ActivePassive International Equity ETF Trading Down 0.6 %

The firm’s 50-day simple moving average is $28.93 and its two-hundred day simple moving average is $29.24. The stock has a market capitalization of $720.43 million, a PE ratio of 12.91 and a beta of 0.90.

Institutional Investors Weigh In On ActivePassive International Equity ETF

An institutional investor recently bought a new position in ActivePassive International Equity ETF stock. Fortitude Family Office LLC acquired a new position in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,097 shares of the company’s stock, valued at approximately $64,000.

About ActivePassive International Equity ETF

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.