Fortitude Family Office LLC Invests $134,000 in ActivePassive U.S. Equity ETF (NYSEARCA:APUE)

Fortitude Family Office LLC purchased a new stake in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 3,789 shares of the company’s stock, valued at approximately $134,000.

Separately, First Horizon Advisors Inc. raised its holdings in shares of ActivePassive U.S. Equity ETF by 592.8% during the second quarter. First Horizon Advisors Inc. now owns 22,725 shares of the company’s stock valued at $758,000 after acquiring an additional 19,445 shares during the last quarter.

ActivePassive U.S. Equity ETF Price Performance

Shares of NYSEARCA:APUE opened at $35.66 on Tuesday. ActivePassive U.S. Equity ETF has a 1 year low of $25.21 and a 1 year high of $35.98. The firm has a market capitalization of $1.58 billion, a PE ratio of 22.59 and a beta of 1.01. The business’s 50 day moving average price is $34.85 and its 200-day moving average price is $33.46.

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.