Crew Capital Management Ltd. Makes New Investment in Tema American Reshoring ETF (NYSEARCA:RSHO)

Crew Capital Management Ltd. acquired a new position in shares of Tema American Reshoring ETF (NYSEARCA:RSHO) in the fourth quarter, Holdings Channel.com reports. The firm acquired 11,152 shares of the company’s stock, valued at approximately $416,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans grew its holdings in shares of Tema American Reshoring ETF by 44.2% during the third quarter. Thrivent Financial for Lutherans now owns 1,418,833 shares of the company’s stock worth $53,461,000 after buying an additional 434,735 shares in the last quarter. Jane Street Group LLC boosted its stake in Tema American Reshoring ETF by 35.4% during the third quarter. Jane Street Group LLC now owns 98,661 shares of the company’s stock worth $3,718,000 after buying an additional 25,803 shares during the period. Park Edge Advisors LLC boosted its stake in 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 buying an additional 29,670 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in Tema American Reshoring ETF during the fourth quarter worth about $31,000. Finally, GEM Asset Management LLC acquired a new stake in shares of Tema American Reshoring ETF during the fourth quarter worth about $345,000.

Tema American Reshoring ETF Stock Performance

Shares of RSHO opened at $34.83 on Wednesday. The stock has a market capitalization of $207.24 million, a PE ratio of 23.92 and a beta of 1.16. Tema American Reshoring ETF has a 1 year low of $33.22 and a 1 year high of $41.82. The company’s 50-day simple moving average is $37.98 and its 200-day simple moving average is $38.16.

About Tema American Reshoring ETF

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.