(TSME) Thrivent Trust - Thrivent - Ratings and Ratios

The Thrivent Small-Mid Cap ESG ETF (TSME) primarily focuses on investing in equity securities of small and mid-sized companies that meet specific ESG (Environmental, Social, and Governance) criteria. Under normal market conditions, the fund allocates at least 80% of its net assets (plus borrowings for investment purposes) to these securities, which are listed or traded on national securities exchanges. This approach allows the fund to target companies with strong ESG profiles while maintaining exposure to the growth potential of smaller and medium-sized firms.

The funds investment strategy emphasizes a blend of growth and value opportunities within the small and mid-cap segments. By integrating ESG factors, the fund seeks to align with the values of socially conscious investors while aiming to deliver competitive returns. The portfolio is constructed using a rules-based approach, ensuring adherence to ESG guidelines while maintaining diversification across industries.

Based on the current technical and fundamental data, the fund is expected to remain stable over the next three months. The SMA 20 and SMA 50 are slightly above the SMA 200, indicating a bullish trend, though the last price is below the SMA 20 and SMA 50, suggesting short-term weakness. The low ATR of 0.60 points to minimal volatility, which may support a gradual recovery. If market conditions remain favorable, the fund could test resistance near the SMA 50 level of 37.51. However, downside risks may emerge if broader market sentiment shifts, potentially driving the price toward the SMA 200 support level of 35.97. Overall, the outlook remains cautiously optimistic, with the fund likely to trade within a narrow range.