GEM Asset Management LLC purchased a new stake in shares of Tema American Reshoring ETF (NYSEARCA:RSHO – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 9,239 shares of the company’s stock, valued at approximately $345,000.
Several other institutional investors and hedge funds also recently bought and sold shares of RSHO. Park Edge Advisors LLC lifted its position in shares of Tema American Reshoring ETF by 75.9% during the fourth quarter. Park Edge Advisors LLC now owns 68,783 shares of the company’s stock worth $2,566,000 after acquiring an additional 29,670 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of 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 valued at $53,461,000 after purchasing an additional 434,735 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Tema American Reshoring ETF during the 4th quarter worth about $31,000. Finally, Jane Street Group LLC boosted its stake 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 worth $3,718,000 after purchasing an additional 25,803 shares during the period.
Tema American Reshoring ETF Stock Down 0.1 %
RSHO stock opened at $39.03 on Wednesday. Tema American Reshoring ETF has a twelve month low of $32.15 and a twelve month high of $41.82. The firm has a market capitalization of $20.69 million, a PE ratio of 22.93 and a beta of 1.16. The stock has a 50-day simple moving average of $38.63 and a two-hundred day simple moving average of $37.95.
Tema American Reshoring ETF 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.
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