ActivePassive International Equity ETF (NYSEARCA:APIE) Stock Price Down 0.2% – Time to Sell?

ActivePassive International Equity ETF (NYSEARCA:APIE)’s stock price traded down 0.2% during mid-day trading on Wednesday . The company traded as low as $28.02 and last traded at $28.02. 58,664 shares were traded during mid-day trading, a decline of 49% from the average session volume of 115,737 shares. The stock had previously closed at $28.09.

ActivePassive International Equity ETF Trading Up 0.7 %

The stock has a market capitalization of $681.96 million, a P/E ratio of 12.91 and a beta of 0.90. The company has a 50-day moving average price of $29.10 and a 200 day moving average price of $29.25.

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 acquired a new stake in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor 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.