Thrivent Financial for Lutherans Acquires 348,884 Shares of Tema American Reshoring ETF (NYSEARCA:RSHO)

Thrivent Financial for Lutherans boosted its holdings in Tema American Reshoring ETF (NYSEARCA:RSHO) by 24.6% during the fourth quarter, Holdings Channel reports. The fund owned 1,767,717 shares of the company’s stock after purchasing an additional 348,884 shares during the period. Thrivent Financial for Lutherans owned approximately 3.34% of Tema American Reshoring ETF worth $67,105,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in RSHO. Jane Street Group LLC increased its position in Tema American Reshoring ETF by 35.4% during the 3rd quarter. Jane Street Group LLC now owns 98,661 shares of the company’s stock worth $3,718,000 after buying an additional 25,803 shares during the period. Park Edge Advisors LLC increased its position in Tema American Reshoring ETF by 75.9% during the 4th quarter. Park Edge Advisors LLC now owns 68,783 shares of the company’s stock worth $2,566,000 after buying an additional 29,670 shares during the period. Crew Capital Management Ltd. bought a new position in Tema American Reshoring ETF during the 4th quarter worth $416,000. GEM Asset Management LLC bought a new position in Tema American Reshoring ETF during the 4th quarter worth $345,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Tema American Reshoring ETF during the 4th quarter worth $31,000.

Tema American Reshoring ETF Stock Performance

Shares of NYSEARCA RSHO opened at $34.68 on Wednesday. Tema American Reshoring ETF has a 52 week low of $33.22 and a 52 week high of $41.82. The stock has a market capitalization of $203.57 million, a P/E ratio of 22.83 and a beta of 1.16. The stock’s fifty day moving average is $37.43 and its 200 day moving average is $38.04.

Tema American Reshoring ETF 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.