ActivePassive U.S. Equity ETF (APUE)
ActivePassive U.S. Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Berwyn, PA, US. The stock last traded at $47.80, up 0.43% on the session, giving a market capitalisation of $2.64B. Its beta of 1.00 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) employs a hybrid investment approach, strategically blending active and passive methodologies. Its primary goal is to optimize expenses, enhance benchmark alignment, and maximize potential returns relative to its benchmark, the CRSP U.S. Total Market Index. Typically, under normal market circumstances, the fund allocates a minimum of 80% of its net assets (including any capital borrowed for investment) to U.S. equity securities that are constituents of the aforementioned index.
ActivePassive U.S. Equity ETF is most often compared with the following Financial Services names: