Silicon Valley Capital Partners Makes New $31,000 Investment in ActivePassive U.S. Equity ETF (NYSEARCA:APUE)

Silicon Valley Capital Partners purchased a new position in shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE) in the fourth quarter, Holdings Channel.com reports. The firm purchased 867 shares of the company’s stock, valued at approximately $31,000.

Separately, Fortitude Family Office LLC purchased a new stake in shares of ActivePassive U.S. Equity ETF in the 3rd quarter valued at about $134,000.

ActivePassive U.S. Equity ETF Stock Performance

ActivePassive U.S. Equity ETF stock opened at $36.73 on Monday. ActivePassive U.S. Equity ETF has a fifty-two week low of $30.15 and a fifty-two week high of $37.51. The company has a market capitalization of $1.62 billion, a P/E ratio of 22.59 and a beta of 1.01. The stock has a 50-day simple moving average of $36.59 and a 200-day simple moving average of $35.49.

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.