ActivePassive Core Bond ETF (NYSEARCA:APCB) Hits New 12-Month Low – What’s Next?

ActivePassive Core Bond ETF (NYSEARCA:APCB)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $28.74 and last traded at $28.74, with a volume of 7985 shares changing hands. The stock had previously closed at $28.88.

ActivePassive Core Bond ETF Price Performance

The firm’s 50-day moving average price is $29.10 and its two-hundred day moving average price is $29.37.

Institutional Trading of ActivePassive Core Bond ETF

A hedge fund recently bought a new stake in ActivePassive Core Bond ETF stock. Flow Traders U.S. LLC bought a new stake in shares of ActivePassive Core Bond ETF (NYSEARCA:APCB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 50,338 shares of the company’s stock, valued at approximately $1,502,000. Flow Traders U.S. LLC owned approximately 0.17% of ActivePassive Core Bond ETF at the end of the most recent quarter.

ActivePassive Core Bond ETF Company Profile

The ActivePassive Core Bond ETF (APCB) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that blends active and passive investment strategies. The fund seeks to provide current income with low volatility of principal APCB was launched on May 3, 2023 and is managed by Envestnet.