First Horizon Advisors Inc. Cuts Stake in ActivePassive International Equity ETF (NYSEARCA:APIE)

First Horizon Advisors Inc. lessened its holdings in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) by 23.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,680 shares of the company’s stock after selling 2,314 shares during the period. First Horizon Advisors Inc.’s holdings in ActivePassive International Equity ETF were worth $215,000 at the end of the most recent quarter.

Separately, Fortitude Family Office LLC acquired a new stake in ActivePassive International Equity ETF in the 3rd quarter worth approximately $64,000.

ActivePassive International Equity ETF Trading Up 0.7 %

Shares of ActivePassive International Equity ETF stock opened at $30.47 on Wednesday. The firm’s 50 day simple moving average is $29.15 and its two-hundred day simple moving average is $29.44. The firm has a market capitalization of $737.37 million, a price-to-earnings ratio of 12.91 and a beta of 0.90. ActivePassive International Equity ETF has a 12-month low of $26.44 and a 12-month high of $31.64.

ActivePassive International Equity ETF Profile

The ActivePassive International Equity ETF (APIE) is an exchange-traded fund that is based on the S&P Classic ADR Composite index. The fund is an actively managed fund that utilizes a core and explore investment strategy in pursuing international equity exposure. The strategy blends passive and active approach to optimize cost, tracking and potential return over its benchmark index.