ActivePassive International Equity ETF (NYSEARCA:APIE) Sees Unusually-High Trading Volume – Should You Buy?

ActivePassive International Equity ETF (NYSEARCA:APIE) saw an uptick in trading volume on Wednesday . 132,726 shares traded hands during trading, an increase of 144% from the previous session’s volume of 54,430 shares.The stock last traded at $29.20 and had previously closed at $29.05.

ActivePassive International Equity ETF Trading Up 0.4 %

The firm’s 50-day moving average is $28.76 and its two-hundred day moving average is $29.22. The stock has a market cap of $705.67 million, a price-to-earnings ratio of 12.91 and a beta of 0.90.

Hedge Funds Weigh In On ActivePassive International Equity ETF

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

ActivePassive International Equity ETF Company Profile

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.