Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) Short Interest Down 95.7% in August

Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 465 shares, a decrease of 95.7% from the August 15th total of 10,930 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 180,575 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Thrivent Small-Mid Cap Equity ETF

A number of institutional investors have recently modified their holdings of TSME. Thrivent Financial for Lutherans grew its stake in shares of Thrivent Small-Mid Cap Equity ETF by 22,244.3% during the 4th quarter. Thrivent Financial for Lutherans now owns 5,586,076 shares of the company’s stock worth $232,709,000 after purchasing an additional 5,561,076 shares during the period. LPL Financial LLC lifted its stake in shares of Thrivent Small-Mid Cap Equity ETF by 305.8% in 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 boosted its holdings in Thrivent Small-Mid Cap Equity ETF by 26.5% during the fourth quarter. Stifel Financial Corp now owns 76,903 shares of the company’s stock worth $3,202,000 after buying an additional 16,121 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in Thrivent Small-Mid Cap Equity ETF by 70.4% during the first quarter. Sunbelt Securities Inc. now owns 32,236 shares of the company’s stock worth $1,340,000 after buying an additional 13,316 shares in the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in Thrivent Small-Mid Cap Equity ETF during the third quarter valued at $517,000.

Thrivent Small-Mid Cap Equity ETF Stock Performance

Shares of Thrivent Small-Mid Cap Equity ETF stock traded up $0.92 during trading on Friday, hitting $47.05. 70,625 shares of the company’s stock were exchanged, compared to its average volume of 82,501. The business has a 50-day simple moving average of $48.85 and a 200-day simple moving average of $47.01. Thrivent Small-Mid Cap Equity ETF has a 52-week low of $38.38 and a 52-week high of $52.37. The stock has a market capitalization of $941.02 million, a price-to-earnings ratio of 19.48 and a beta of 1.27.

About Thrivent Small-Mid Cap Equity ETF

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.