Truist Financial Corp decreased its holdings in Tema American Reshoring ETF (NYSEARCA:RSHO – Free Report) by 8.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,461 shares of the company’s stock after selling 2,407 shares during the period. Truist Financial Corp’s holdings in Tema American Reshoring ETF were worth $987,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans lifted its stake in shares of 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 purchasing an additional 434,735 shares during the last quarter. Park Edge Advisors LLC boosted its position in shares of 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 worth $2,566,000 after purchasing an additional 29,670 shares in the last quarter. Jane Street Group LLC boosted its position in shares of 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 worth $3,718,000 after purchasing an additional 25,803 shares in the last quarter. GEM Asset Management LLC acquired a new stake in Tema American Reshoring ETF during the 4th quarter worth about $345,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Tema American Reshoring ETF during the 4th quarter valued at about $31,000.
Tema American Reshoring ETF Stock Performance
NYSEARCA 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 stock has a 50-day simple moving average of $38.08 and a two-hundred day simple moving average of $38.15. The firm has a market capitalization of $217.77 million, a P/E ratio of 23.92 and a beta of 1.16.
Tema American Reshoring ETF Profile
(Free Report)
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.
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