Channel Wealth LLC Purchases New Holdings in Tema Durable Quality ETF $TOLL

Channel Wealth LLC purchased a new stake in shares of Tema Durable Quality ETF (BATS:TOLL) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 65,168 shares of the company’s stock, valued at approximately $2,295,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in Tema Durable Quality ETF by 28.0% in the 1st quarter. Jane Street Group LLC now owns 12,265 shares of the company’s stock valued at $394,000 after buying an additional 2,680 shares during the period. Susquehanna International Group LLP bought a new stake in shares of Tema Durable Quality ETF in the 3rd quarter valued at approximately $691,000. NewEdge Advisors LLC bought a new stake in shares of Tema Durable Quality ETF in the 3rd quarter valued at approximately $1,683,000. Finally, NewEdge Wealth LLC bought a new stake in shares of Tema Durable Quality ETF in the 3rd quarter worth about $7,928,000.

Tema Durable Quality ETF Stock Performance

TOLL opened at $38.33 on Friday. The firm’s 50-day simple moving average is $35.47 and its 200-day simple moving average is $35.49. Tema Durable Quality ETF has a twelve month low of $32.33 and a twelve month high of $38.45. The firm has a market cap of $65.16 million, a price-to-earnings ratio of 29.40 and a beta of 1.10.

Tema Durable Quality ETF Company Profile

The Tema Monopolies and Oligopolies ETF (TOLL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies perceived as monopolies or oligopolies. The fund aims to identify quality companies from around the world characterized by their strong competitive advantage and high barriers to entry. TOLL was launched on May 11, 2023 and is managed by Tema.