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Commonwealth Equity Services LLC boosted its holdings in Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) by 22.0% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The fund owned 153,943 shares of the company's stock after buying an additional 27,742 shares during the quarter. Commonwealth Equity
On Wednesday, Thrivent expanded its fund suite with the launch of two new actively managed ETFs. Both funds offer differing takes on bond investing.
The ETF launches tap growing investor interest in sustainable investing.
Thrivent Asset Management has launched an ESG-focused exchange traded fund focused on small- and mid-cap stocks. The Thrivent Small-Mid Cap ESG ETF (NYSE Arca: TSME) will maintain a portfolio of small- and mid-cap stocks across the growth and value spectrums that meet certain criteria for environmental, social, and governance practices.
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