ActivePassive International Equity ETF (APIE)
ActivePassive International Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Berwyn, PA, US. The stock last traded at $39.01, up 0.83% on the session, giving a market capitalisation of $1.07B. Its beta of 0.82 implies it has historically moved less than the broad market.
The fund is an actively-managed exchange-traded fund (“ETF”) that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund’s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.
ActivePassive International Equity ETF is most often compared with the following Financial Services names: