Client First Investment Management LLC Acquires New Holdings in Tema American Reshoring ETF $RSHO

Client First Investment Management LLC bought a new stake in Tema American Reshoring ETF (NYSEARCA:RSHO) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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 holdings, making the stock its 18th biggest position. Client First Investment Management LLC owned approximately 0.77% of Tema American Reshoring ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans boosted its stake in shares of Tema American Reshoring ETF by 405.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,803,201 shares of the company’s stock worth $80,112,000 after purchasing an additional 1,446,253 shares during the last quarter. UBS Group AG raised its position in shares of Tema American Reshoring ETF by 14.7% in the fourth quarter. UBS Group AG now owns 195,526 shares of the company’s stock valued at $8,670,000 after buying an additional 25,059 shares during the last quarter. Inspire Advisors LLC lifted its stake in shares of Tema American Reshoring ETF by 1.7% during the fourth quarter. Inspire Advisors LLC now owns 69,921 shares of the company’s stock valued at $3,100,000 after buying an additional 1,140 shares during the period. WealthBridge Capital Management LLC lifted its stake in shares of Tema American Reshoring ETF by 1.9% during the first 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. Finally, Royal Bank of Canada boosted its position in Tema American Reshoring ETF by 34.4% during the first quarter. Royal Bank of Canada now owns 26,084 shares of the company’s stock worth $1,299,000 after acquiring an additional 6,683 shares during the last quarter.

Tema American Reshoring ETF Stock Performance

Tema American Reshoring ETF stock opened at $61.81 on Friday. The stock has a fifty day moving average price of $61.05 and a 200 day moving average price of $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 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.