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

ActivePassive International Equity ETF (NYSEARCA:APIE) fell 0.2% during trading on Wednesday . The stock traded as low as $28.02 and last traded at $28.02. 58,664 shares were traded during 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’s 50 day moving average price is $29.10 and its two-hundred day moving average price is $29.25. The firm has a market capitalization of $681.96 million, a price-to-earnings ratio of 12.91 and a beta of 0.90.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ActivePassive International Equity ETF stock. Fortitude Family Office LLC purchased a new position in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 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.