Smartshares Asia Pacific ETF unit increase signals investor confidence

Smartshares Asia Pacific ETF (NZX: APA) reported a Net Tangible Asset (NTA) of NZD 2.51790 per unit as of April 3, 2025, with 23,090,726 units in issue. This announcement by Smartshares Ltd also reported changes in units for multiple other ETFs, indicating broad market activity. The subsequent update on April 4, 2025, revealed a slight decrease in NTA to NZD 2.39537 per unit but an increase in units to 23,120,726, marking a rise of 30,000 units. These movements, released in accordance with NZX Listing Rule 3.13.1, reflect ongoing trading activity and investor interest in the Asia Pacific ETF. Smartshares, a subsidiary of NZX Limited, manages over NZD 12 billion in funds across more than 40 ETFs.