Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) Short Interest Update

Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 10,930 shares, a decrease of 53.3% from the July 30th total of 23,405 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 37,818 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Thrivent Small-Mid Cap Equity ETF

Institutional investors have recently modified their holdings of the stock. Sunbelt Securities Inc. increased its holdings in Thrivent Small-Mid Cap Equity ETF by 70.4% in the first quarter. Sunbelt Securities Inc. now owns 32,236 shares of the company’s stock valued at $1,340,000 after buying an additional 13,316 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in Thrivent Small-Mid Cap Equity ETF by 22,244.3% during the fourth quarter. Thrivent Financial for Lutherans now owns 5,586,076 shares of the company’s stock valued at $232,709,000 after buying an additional 5,561,076 shares in the last quarter. Bailard Inc. lifted its holdings in Thrivent Small-Mid Cap Equity ETF by 1.4% during the 4th quarter. Bailard Inc. now owns 38,023 shares of the company’s stock worth $1,583,000 after buying an additional 541 shares during the last quarter. Safeguard Investment Advisory Group LLC bought a new position in Thrivent Small-Mid Cap Equity ETF during the 2nd quarter worth approximately $203,000. Finally, Osaic Holdings Inc. grew its position in shares of Thrivent Small-Mid Cap Equity ETF by 4.4% in the 4th quarter. Osaic Holdings Inc. now owns 7,709 shares of the company’s stock worth $321,000 after acquiring an additional 323 shares in the last quarter.

Thrivent Small-Mid Cap Equity ETF Trading Down 2.0%

NYSEARCA TSME traded down $0.97 during trading hours on Friday, reaching $47.42. 61,681 shares of the company traded hands, compared to its average volume of 84,856. Thrivent Small-Mid Cap Equity ETF has a 12 month low of $38.38 and a 12 month high of $52.37. The stock has a market capitalization of $948.40 million, a PE ratio of 19.48 and a beta of 1.28. The company has a 50 day moving average of $49.55 and a two-hundred day moving average of $46.97.

Thrivent Small-Mid Cap Equity ETF Company Profile

The Thrivent Small-Mid Cap ESG ETF (TSME) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed, non-transparent ETF that invests in stocks of global mid- and small-cap companies screened for long-term sustainable business models and ESG commitment. The fund utilizes the Natixis\u002FNYSE non-transparent model. TSME was launched on Oct 5, 2022 and is managed by Thrivent.