Client First Investment Management LLC Purchases New Stake in Tema American Reshoring ETF $RSHO

Client First Investment Management LLC purchased a new stake in shares of Tema American Reshoring ETF (NYSEARCA:RSHO) during the second quarter, HoldingsChannel reports. The institutional investor purchased 35,965 shares of the company’s stock, valued at approximately $2,261,000. Tema American Reshoring ETF makes up approximately 1.0% of Client First Investment Management LLC’s portfolio, making the stock its 18th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harbour Investments Inc. lifted its stake in shares of Tema American Reshoring ETF by 1.5% during the fourth quarter. Harbour Investments Inc. now owns 18,517 shares of the company’s stock worth $821,000 after purchasing an additional 268 shares in the last quarter. Advisory Services Network LLC grew its stake in shares of Tema American Reshoring ETF by 6.0% in the fourth quarter. Advisory Services Network LLC now owns 8,360 shares of the company’s stock valued at $371,000 after buying an additional 475 shares in the last quarter. WealthBridge Capital Management LLC raised its holdings in shares of Tema American Reshoring ETF by 1.9% during the 1st quarter. WealthBridge Capital Management LLC now owns 27,039 shares of the company’s stock valued at $1,346,000 after buying an additional 500 shares during the period. Royal Bank of Canada raised its holdings in shares of Tema American Reshoring ETF by 5.6% during the 4th quarter. Royal Bank of Canada now owns 19,401 shares of the company’s stock valued at $861,000 after buying an additional 1,022 shares during the period. Finally, Inspire Advisors LLC lifted its position in Tema American Reshoring ETF by 1.7% during the 4th quarter. Inspire Advisors LLC now owns 69,921 shares of the company’s stock worth $3,100,000 after acquiring an additional 1,140 shares in the last quarter.

Tema American Reshoring ETF Price Performance

RSHO opened at $61.81 on Friday. The firm’s 50 day moving average is $61.05 and its 200-day moving average is $55.91. Tema American Reshoring ETF has a 52-week low of $37.49 and a 52-week high of $61.96. The firm has a market capitalization of $287.41 million, a P/E ratio of 26.43 and a beta of 1.32.

Tema American Reshoring ETF Company 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. RSHO was launched on May 11, 2023 and is managed by Tema.