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TMVE ETF Profile


Family: Thrivent
Name: Thrivent Mid Cap Value ETF
Inception Date: 17-Nov-2025
Termination Date:
Investment Objective: Thrivent Mid Cap Value ETF seeks long-term capital growth. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of mid-sized companies. Thrivent Asset Management, LLC (the "Adviser"), focuses mainly on the equity securities of mid-sized U.S. companies which it defines as those companies that have market capitalizations equivalent to those included in widely known indices of mid-sized companies, such as the Russell Midcap Index, S&P MidCap 400 Index, or the mid-sized company market capitalization classifications published by Morningstar or Lipper, Inc. The Fund defines mid-cap companies as those with market capitalizations at the time of purchase in the range of companies in either the Russell Midcap Index or the S&P MidCap 400 Index. The Fund is an actively managed exchange traded fund. The Fund seeks to achieve its investment objective by investing primarily in common stocks. The Adviser uses fundamental analysis and other investment techniques to identify stocks of companies that it believes are undervalued in relation to their long-term earnings potential or asset value.
Prospectus
Top 10 Holdings
M + T BANK CORP COMMON STOCK USD.5 MTB 2.1680%
INTERCONTINENTAL EXCHANGE IN COMMON STOCK USD.01 ICE 2.1370%
US BANCORP COMMON STOCK USD.01 USB 2.0855%
CROWN HOLDINGS INC COMMON STOCK USD5.0 CCK 1.9436%
AMERICAN INTERNATIONAL GROUP COMMON STOCK USD2.5 AIG 1.9120%
THERMO FISHER SCIENTIFIC INC COMMON STOCK USD1.0 TMO 1.9073%
PPG INDUSTRIES INC COMMON STOCK USD1.66666 PPG 1.8665%
CAPITAL ONE FINANCIAL CORP COMMON STOCK USD.01 COF 1.8608%
GENERAL DYNAMICS CORP COMMON STOCK USD1.0 GD 1.8348%
SIMMONS FIRST NATL CORP CL A COMMON STOCK USD.01 SFNC 1.8234%
Top 10 Holdings Weight: 19.5%
Number of Holdings: 84
Shares Outstanding: 16,497,600
Total Net Assets: 285,842,368
NAV: 17.32
Net Expense Ratio: 0.55%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Market Cap: Mid Cap
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Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes