Thrivent Financial for Lutherans Trims Position in Thrivent Small-Mid Cap ESG ETF (NYSEARCA:TSME)

Thrivent Financial for Lutherans decreased its holdings in shares of Thrivent Small-Mid Cap ESG ETF (NYSEARCA:TSME) by 10.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,766,457 shares of the company’s stock after selling 205,797 shares during the quarter. Thrivent Financial for Lutherans owned about 39.25% of Thrivent Small-Mid Cap ESG ETF worth $59,247,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TSME. Commonwealth Equity Services LLC increased its position in Thrivent Small-Mid Cap ESG ETF by 786.4% during the second quarter. Commonwealth Equity Services LLC now owns 72,842 shares of the company’s stock worth $2,443,000 after purchasing an additional 64,624 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of Thrivent Small-Mid Cap ESG ETF by 28.0% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 54,075 shares of the company’s stock worth $1,814,000 after buying an additional 11,844 shares during the period. Bailard Inc. boosted its holdings in Thrivent Small-Mid Cap ESG ETF by 0.7% in the second quarter. Bailard Inc. now owns 41,355 shares of the company’s stock valued at $1,387,000 after acquiring an additional 290 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. purchased a new stake in Thrivent Small-Mid Cap ESG ETF during the second quarter valued at about $30,000.

Thrivent Small-Mid Cap ESG ETF Price Performance

Shares of NYSEARCA:TSME opened at $36.41 on Monday. The firm has a market capitalization of $163.85 million, a PE ratio of 19.26 and a beta of 1.19. Thrivent Small-Mid Cap ESG ETF has a 12 month low of $25.37 and a 12 month high of $37.10. The business has a 50-day moving average of $34.60 and a two-hundred day moving average of $33.87.

About Thrivent Small-Mid Cap ESG ETF

The Thrivent Small-Mid Cap ESG ETF (TSME) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed, non-transparent ETF that invests in stocks of global mid- and small-cap companies screened for long-term sustainable business models and ESG commitment.