Harbour Investments Inc. Lowers Stock Holdings in Tema American Reshoring ETF (NYSEARCA:RSHO)

Harbour Investments Inc. decreased its position in shares of Tema American Reshoring ETF (NYSEARCA:RSHO) by 4.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 33,654 shares of the company’s stock after selling 1,607 shares during the period. Harbour Investments Inc. owned approximately 0.06% of Tema American Reshoring ETF worth $1,255,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Thrivent Financial for Lutherans increased its holdings in Tema American Reshoring ETF by 44.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,418,833 shares of the company’s stock valued at $53,461,000 after acquiring an additional 434,735 shares during the last quarter. Jane Street Group LLC increased its holdings in Tema American Reshoring ETF by 35.4% in the 3rd quarter. Jane Street Group LLC now owns 98,661 shares of the company’s stock valued at $3,718,000 after acquiring an additional 25,803 shares during the last quarter. Park Edge Advisors LLC increased its holdings in Tema American Reshoring ETF by 75.9% in the 4th quarter. Park Edge Advisors LLC now owns 68,783 shares of the company’s stock valued at $2,566,000 after acquiring an additional 29,670 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Tema American Reshoring ETF in the 4th quarter valued at $31,000. Finally, GEM Asset Management LLC bought a new stake in Tema American Reshoring ETF in the 4th quarter valued at $345,000.

Tema American Reshoring ETF Stock Performance

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

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.