9,239 Shares in Tema American Reshoring ETF (NYSEARCA:RSHO) Acquired by GEM Asset Management LLC

GEM Asset Management LLC purchased a new stake in Tema American Reshoring ETF (NYSEARCA:RSHO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,239 shares of the company’s stock, valued at approximately $345,000. GEM Asset Management LLC owned 1.74% of Tema American Reshoring ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans increased its holdings in Tema American Reshoring ETF by 44.2% in the third 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. Park Edge Advisors LLC bought a new stake in shares of Tema American Reshoring ETF in the 3rd quarter valued at about $1,474,000. Jane Street Group LLC increased its stake in shares of Tema American Reshoring ETF by 35.4% in the third quarter. Jane Street Group LLC now owns 98,661 shares of the company’s stock valued at $3,718,000 after buying an additional 25,803 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Tema American Reshoring ETF in the fourth quarter valued at about $31,000.

Tema American Reshoring ETF Price Performance

Tema American Reshoring ETF stock opened at $39.03 on Wednesday. The stock’s 50 day moving average is $38.63 and its 200 day moving average is $37.95. Tema American Reshoring ETF has a one year low of $32.15 and a one year high of $41.82. The firm has a market cap of $20.69 million, a P/E ratio of 22.93 and a beta of 1.16.

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.