Tema American Reshoring ETF $RSHO Shares Purchased by Truist Financial Corp

Truist Financial Corp increased its position in shares of Tema American Reshoring ETF (NYSEARCA:RSHO) by 1.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,409 shares of the company’s stock after purchasing an additional 495 shares during the period. Truist Financial Corp’s holdings in Tema American Reshoring ETF were worth $1,155,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position in Tema American Reshoring ETF by 4.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 91,470 shares of the company’s stock worth $3,694,000 after purchasing an additional 3,715 shares during the last quarter. Park Edge Advisors LLC increased its position in Tema American Reshoring ETF by 20.3% during the second quarter. Park Edge Advisors LLC now owns 10,756 shares of the company’s stock worth $422,000 after purchasing an additional 1,818 shares during the last quarter. Banque Transatlantique SA acquired a new stake in Tema American Reshoring ETF during the first quarter worth about $86,000. Comerica Bank acquired a new stake in Tema American Reshoring ETF during the first quarter worth about $421,000. Finally, Waddell & Associates LLC acquired a new stake in Tema American Reshoring ETF during the first quarter worth about $71,116,000.

Tema American Reshoring ETF Trading Down 3.1%

Tema American Reshoring ETF stock opened at $41.70 on Monday. Tema American Reshoring ETF has a 12-month low of $29.42 and a 12-month high of $43.85. The stock has a market cap of $165.55 million, a P/E ratio of 26.43 and a beta of 1.47. The company has a 50-day moving average price of $42.27 and a 200 day moving average price of $38.93.

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.