ActivePassive International Equity ETF

APIE · AMEX

Market closed$38.09$-0.400000 (-1.04%)After hours $38.23 · +0.37%

Key statistics

Previous close$38.49
Open$37.93
Day high$38.31
Day low$37.93
52-week high$39.45
52-week low$32.37
Market cap1.06B
Volume52.08K
Average volume79.01K
P/E ratio17.34
Forward P/E
EPS2.20
Dividend yield0.00%

Market context

Why it moved

APIE edged lower amid thin trading volume and a lack of significant company-specific catalysts, with modest selling pressure driving the stock slightly below its previous close.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026ActivePassive International Equity ETF closed modestly lower as its top holding, Taiwan Semiconductor (11.7% of the fund), slid roughly 3% after reporting record Q2 earnings—investors sold on concerns that TSMC's $100B expansion of U.S. manufacturing could compress future margins and free cash flow. Broader risk-off sentiment compounded the pressure, with semiconductor stocks broadly retreating on a deteriorating AI narrative, escalating U.S.-Iran conflict disrupting Strait of Hormuz tanker traffic, and a Netflix earnings miss reigniting fears of slowing tech growth. Offsetting some drag, top-5 holding ASML (2%) continued benefiting from its own strong Q2 beat and a dramatically raised 2026 revenue outlook (€43–45B vs. prior €36–40B), while Novo Nordisk (1%) drew support from EU approval of oral Wegovy. In after-hours trading, APIE has edged slightly higher.

-1.0392

July 16, 2026ActivePassive International Equity ETF closed modestly lower as its largest holding, Taiwan Semiconductor Manufacturing (TSM, ~12% of the portfolio), slipped after delivering record Q2 earnings that beat estimates — a 'sell the news' reaction compounded by a 6.4% plunge in South Korea's Kospi driven by declines in Samsung and SK Hynix. Broader AI-linked international names weighed on the fund, though key holdings ASML and Novo Nordisk provided partial offsets after ASML raised its 2026 revenue outlook significantly on AI-driven demand and NVO gained on EU approval of oral Wegovy.

-0.5679

July 15, 2026ActivePassive International Equity ETF edged higher on the session, with top holding Taiwan Semiconductor Manufacturing (12% of the fund) in sharp focus ahead of its July 16 Q2 earnings release. TSMC reported record June revenue up 67.9% year-over-year and beat Q2 sales expectations, fueling broad optimism; ASML's blowout Q2 results and raised 2026 revenue outlook to €43–45B further reinforced AI-driven demand tailwinds across the ETF's international tech exposure. Meanwhile, Tencent (2.2% weight) surged on its gaming ecosystem strength and Manus AI investment reports, while ASML (2.0% weight) jumped ~5% on its earnings beat, providing a lift to the fund's European holdings.

0.6485

July 14, 2026ActivePassive International Equity ETF edged up modestly on Tuesday, outperforming the financial sector ETF XLF which slipped slightly in after-hours trading. The fund's top holding TSMC (12.1% weight) provided a tailwind after the chipmaker reported record June revenue surging 67.9% year-over-year, with Q2 results due Thursday expected to show ~30% revenue growth; bullish analyst previews from Seeking Alpha and RBC Capital raising its ASML price target to $2,000 also lifted sentiment across the international tech-heavy portfolio. Geopolitical headwinds from renewed US-Iran tensions and a broken ceasefire that spiked oil 9.6% on July 13 created crosscurrents for international equities, though a cooler-than-expected June CPI print of 3.5% helped stabilize risk appetite and lifted Nasdaq futures on Tuesday.

0.3645

July 13, 2026ActivePassive International Equity ETF closed modestly lower amid a broad risk-off session driven by renewed U.S.-Iran military strikes that sent oil prices surging and weighed on global equities. The fund's largest holding, TSMC (12.3%), faces a pivotal week as investors await its Q2 earnings on July 16 — expected to confirm whether AI chip demand continues to outpace supply after the company reported 36% first-half revenue growth. Separately, AstraZeneca (1.1% holding) came under fresh pressure after HSBC downgraded it to Hold following a Phase 3 trial failure, while Alibaba (1.5%) navigated a $600M DOJ settlement alongside optimism around its AI cloud business.

-1.158

July 10, 2026ActivePassive International Equity ETF closed essentially unchanged, holding steady near $38.86 as its top holdings navigated a mixed session dominated by geopolitical tensions and AI momentum. Top holding TSMC (12.4%) saw continued institutional accumulation and analyst bullishness ahead of its July 16 Q2 meeting, where guidance and capex raises are anticipated. Meanwhile, Alibaba (1.5%) extended its multi-day rally on AI cloud optimism and a court reprieve from Pentagon restrictions, while AstraZeneca (1.1%) weighed on the fund after tumbling ~6% on a Phase 3 heart drug trial failure. Broader international equity sentiment was buoyed by strong Asian market gains, though the U.S.-Iran conflict kept risk appetite in check.

0.0515

July 9, 2026ActivePassive International Equity ETF closed essentially flat, edging up modestly against a backdrop of choppy global markets driven by renewed U.S.-Iran military exchanges that pushed oil prices sharply higher and reignited inflation concerns. The ETF's top holding, TSMC (12.5%), remains in focus ahead of its July 16 analyst meeting where it is expected to raise full-year forecasts and capex guidance, while AstraZeneca (1.2%) weighed on performance after its Wainua drug missed a key Phase 3 heart trial endpoint. Meanwhile, China-related holdings like Tencent (2.3%) and Alibaba (1.5%) drew investor attention as Tencent tests a new AI agent within WeChat and Alibaba received an upward valuation revision from analysts citing narrowing quick-commerce losses.

0.1547

July 8, 2026ActivePassive International Equity ETF edged higher on the session, outperforming the Financial Select Sector ETF which was essentially flat in after-hours trading. The fund's top holding TSMC (12.3% weight) came under pressure Tuesday after disappointing Samsung preliminary results sparked a semiconductor sell-off, but investors are now watching TSMC's July 16 analyst meeting where GF Securities expects the company to raise full-year guidance and increase 2027 capex. Meanwhile, broader macro headwinds from escalating U.S.-Iran tensions drove crude oil prices sharply higher, weighing on global risk sentiment, though China-exposed holdings like Alibaba (BABA) caught a bid on a U.S. court reprieve from Pentagon restrictions and AI optimism.

0.5445

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