39,113 Shares in Tema American Reshoring ETF (NYSEARCA:RSHO) Acquired by Park Edge Advisors LLC

Park Edge Advisors LLC purchased a new stake in shares of Tema American Reshoring ETF (NYSEARCA:RSHO) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 39,113 shares of the company’s stock, valued at approximately $1,474,000. Park Edge Advisors LLC owned approximately 7.38% of Tema American Reshoring ETF as of its most recent SEC filing.

Separately, Thrivent Financial for Lutherans purchased a new position in shares of Tema American Reshoring ETF in the 2nd quarter valued at $33,617,000.

Tema American Reshoring ETF Stock Performance

Tema American Reshoring ETF stock traded down $0.04 during trading on Friday, reaching $37.97. 8,694 shares of the company’s stock were exchanged, compared to its average volume of 21,777. Tema American Reshoring ETF has a 52-week low of $25.90 and a 52-week high of $39.28. The firm has a market cap of $20.12 million, a price-to-earnings ratio of 22.93 and a beta of 1.16. The company’s 50-day moving average is $36.98 and its two-hundred day moving average is $35.67.

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.