Thrivent Financial for Lutherans Purchases 1,032,266 Shares of Tema American Reshoring ETF $RSHO

Thrivent Financial for Lutherans grew its position in shares of Tema American Reshoring ETF (NYSEARCA:RSHO) by 315.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,359,340 shares of the company’s stock after buying an additional 1,032,266 shares during the quarter. Tema American Reshoring ETF accounts for 0.6% of Thrivent Financial for Lutherans’ holdings, making the stock its 26th biggest position. Thrivent Financial for Lutherans owned 0.35% of Tema American Reshoring ETF worth $53,381,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RSHO. Banque Transatlantique SA purchased a new stake in shares of Tema American Reshoring ETF during the first quarter valued at approximately $86,000. Comerica Bank purchased a new position in Tema American Reshoring ETF in the first quarter worth $421,000. Truist Financial Corp grew its stake in Tema American Reshoring ETF by 1.7% in the 2nd quarter. Truist Financial Corp now owns 29,409 shares of the company’s stock valued at $1,155,000 after purchasing an additional 495 shares during the period. Park Edge Advisors LLC increased its position in shares of Tema American Reshoring ETF by 20.3% during the 2nd quarter. Park Edge Advisors LLC now owns 10,756 shares of the company’s stock valued at $422,000 after purchasing an additional 1,818 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Tema American Reshoring ETF by 4.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 91,470 shares of the company’s stock worth $3,694,000 after purchasing an additional 3,715 shares during the period.

Tema American Reshoring ETF Stock Performance

Shares of NYSEARCA:RSHO opened at $42.12 on Tuesday. The company has a market capitalization of $170.16 million, a P/E ratio of 26.43 and a beta of 1.44. The company’s 50-day moving average is $43.23 and its 200 day moving average is $40.93. Tema American Reshoring ETF has a fifty-two week low of $29.42 and a fifty-two week high of $45.58.

Tema American Reshoring ETF Company Profile

The Tema American Reshoring ETF (RSHO) is an exchange-traded fund that mostly invests in industrials equity. The fund actively manages a narrow portfolio of US stocks that are anticipated to benefit from deglobalization. The funds adviser combines a top-down and bottom-up approach to selecting and weighting fund holdings.