Tema American Reshoring ETF (NYSEARCA:RSHO) Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its position in Tema American Reshoring ETF (NYSEARCA:RSHO) by 8.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,461 shares of the company’s stock after selling 2,407 shares during the period. Truist Financial Corp owned 4.99% of Tema American Reshoring ETF worth $987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Tema American Reshoring ETF during the 4th quarter worth about $31,000. GEM Asset Management LLC acquired a new stake in Tema American Reshoring ETF during the 4th quarter worth about $345,000. Jane Street Group LLC grew 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 purchasing an additional 25,803 shares during the period. Park Edge Advisors LLC grew 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 purchasing an additional 29,670 shares during the period. Finally, Thrivent Financial for Lutherans grew its position in Tema American Reshoring ETF by 44.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,418,833 shares of the company’s stock worth $53,461,000 after purchasing an additional 434,735 shares during the period.

Tema American Reshoring ETF Stock Performance

Shares of RSHO opened at $36.60 on Friday. Tema American Reshoring ETF has a fifty-two week low of $33.22 and a fifty-two week high of $41.82. The business’s 50-day moving average is $38.08 and its two-hundred day moving average is $38.15. The company has a market capitalization of $217.77 million, a P/E ratio of 23.92 and a beta of 1.16.

About Tema American Reshoring ETF

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.