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 decline in short interest in the month of July. As of July 31st, there was short interest totaling 23,405 shares, a decline of 43.8% from the July 15th total of 41,667 shares. Based on an average trading volume of 72,939 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Thrivent Small-Mid Cap Equity ETF Stock Down 3.3%

Shares of Thrivent Small-Mid Cap Equity ETF stock traded down $1.70 during trading on Tuesday, reaching $49.69. 37,613 shares of the stock were exchanged, compared to its average volume of 77,145. The stock’s fifty day moving average is $49.77 and its 200 day moving average is $46.77. The firm has a market cap of $993.80 million, a price-to-earnings ratio of 19.48 and a beta of 1.28. Thrivent Small-Mid Cap Equity ETF has a 1 year low of $38.38 and a 1 year high of $52.37.

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

A number of large investors have recently made changes to their positions in the business. Thrivent Financial for Lutherans lifted its stake in Thrivent Small-Mid Cap Equity ETF by 22,244.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 5,586,076 shares of the company’s stock worth $232,709,000 after acquiring an additional 5,561,076 shares during the period. LPL Financial LLC increased its position in Thrivent Small-Mid Cap Equity ETF by 305.8% during the 4th quarter. LPL Financial LLC now owns 49,673 shares of the company’s stock valued at $2,068,000 after purchasing an additional 37,431 shares during the period. Stifel Financial Corp raised its holdings in Thrivent Small-Mid Cap Equity ETF by 26.5% in the 4th quarter. Stifel Financial Corp now owns 76,903 shares of the company’s stock worth $3,202,000 after purchasing an additional 16,121 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in Thrivent Small-Mid Cap Equity ETF by 70.4% in the 1st quarter. Sunbelt Securities Inc. now owns 32,236 shares of the company’s stock worth $1,340,000 after purchasing an additional 13,316 shares in the last quarter. Finally, Susquehanna International Group LLP bought a new position in Thrivent Small-Mid Cap Equity ETF in the 3rd quarter worth $517,000.

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.