984,098 Shares in Tema American Reshoring ETF (NYSEARCA:RSHO) Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans acquired a new stake in Tema American Reshoring ETF (NYSEARCA:RSHO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 984,098 shares of the company’s stock, valued at approximately $33,617,000. Thrivent Financial for Lutherans owned about 185.68% of Tema American Reshoring ETF at the end of the most recent reporting period.

Tema American Reshoring ETF Stock Up 0.4 %

Shares of RSHO opened at $37.47 on Tuesday. The stock has a market cap of $19.86 million, a PE ratio of 22.93 and a beta of 1.16. Tema American Reshoring ETF has a 12-month low of $25.90 and a 12-month high of $39.28. The business has a 50-day simple moving average of $35.97 and a two-hundred day simple moving average of $35.23.

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.