First Horizon Advisors Inc. Sells 5,131 Shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE)

First Horizon Advisors Inc. cut its holdings in shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE) by 24.9% during the fourth quarter, Holdings Channel reports. The fund owned 15,508 shares of the company’s stock after selling 5,131 shares during the period. First Horizon Advisors Inc.’s holdings in ActivePassive U.S. Equity ETF were worth $555,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Silicon Valley Capital Partners bought a new stake in ActivePassive U.S. Equity ETF during the 4th quarter worth approximately $31,000. Pinnacle Bancorp Inc. grew its position in ActivePassive U.S. Equity ETF by 152.4% during the 4th quarter. Pinnacle Bancorp Inc. now owns 4,157 shares of the company’s stock worth $149,000 after acquiring an additional 2,510 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new stake in ActivePassive U.S. Equity ETF during the 3rd quarter worth approximately $134,000.

ActivePassive U.S. Equity ETF Price Performance

NYSEARCA APUE opened at $36.25 on Tuesday. The firm has a market cap of $1.60 billion, a PE ratio of 22.59 and a beta of 1.01. ActivePassive U.S. Equity ETF has a one year low of $30.34 and a one year high of $37.51. The stock’s 50 day simple moving average is $36.52 and its 200 day simple moving average is $35.81.

ActivePassive U.S. Equity ETF Company Profile

The ActivePassive U.S. Equity ETF (APUE) is an exchange-traded fund that is based on the CRSP US Large Cap index. The fund blends an active and passive management approach to build its portfolio. The fund aims to optimize costs, tracking and potentially produce higher returns by shifting exposure between active and passive investments in the broad US equity market APUE was launched on May 3, 2023 and is managed by Envestnet.