UBS Group AG Purchases 25,059 Shares of Tema American Reshoring ETF $RSHO

UBS Group AG boosted its position in Tema American Reshoring ETF (NYSEARCA:RSHO) by 14.7% during the 4th quarter, Holdings Channel reports. The fund owned 195,526 shares of the company’s stock after buying an additional 25,059 shares during the period. UBS Group AG’s holdings in Tema American Reshoring ETF were worth $8,670,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RSHO. WealthBridge Capital Management LLC grew its position in Tema American Reshoring ETF by 10.5% in the fourth quarter. WealthBridge Capital Management LLC now owns 26,539 shares of the company’s stock valued at $1,177,000 after acquiring an additional 2,514 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Tema American Reshoring ETF by 8.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 103,891 shares of the company’s stock valued at $4,870,000 after acquiring an additional 8,034 shares during the last quarter. Advisory Services Network LLC grew its position in Tema American Reshoring ETF by 43.1% in the third quarter. Advisory Services Network LLC now owns 7,885 shares of the company’s stock valued at $339,000 after acquiring an additional 2,374 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of Tema American Reshoring ETF during the third quarter worth about $235,000. Finally, Inspire Advisors LLC grew its holdings in shares of Tema American Reshoring ETF by 3.6% during the third quarter. Inspire Advisors LLC now owns 68,781 shares of the company’s stock worth $2,957,000 after purchasing an additional 2,412 shares during the last quarter.

Tema American Reshoring ETF Stock Performance

NYSEARCA:RSHO opened at $56.68 on Monday. The stock has a market cap of $263.56 million, a P/E ratio of 26.43 and a beta of 1.36. The stock’s 50-day moving average is $53.06 and its 200-day moving average is $49.37. Tema American Reshoring ETF has a 1-year low of $36.64 and a 1-year high of $59.40.

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. RSHO was launched on May 11, 2023 and is managed by Tema.