Thrivent ETF Trust - Thrivent Mid Cap Value ETF
TMVE
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 901 Marquette Avenue, Suite 2500 Minneapolis MN United States of America 55402
- IPO Date
- Nov 17, 2025
- Similar Companies
- Business
- Thrivent ETF Trust – Thrivent Mid Cap Value ETF is an actively managed exchange-traded fund that seeks long-term capital growth through investments primarily in equity securities of U.S. mid-capitalization companies perceived to be undervalued relative to their earnings, growth prospects, assets or other fundamental measures. The Fund uses fundamental research and bottom-up stock selection to construct a diversified portfolio across the value spectrum, with investments spanning sectors such as financial services, industrials, information technology, consumer cyclical, energy, utilities, real estate, health care, consumer defensive, basic materials and communication services; portfolio holdings may include common stocks, depositary receipts and other equity-related securities. The Fund is listed on NYSE Arca under the ticker TMVE and carries a 0.55% net annual fund operating expense ratio. Thrivent Mid Cap Value ETF is a series of Thrivent ETF Trust and is sponsored by Thrivent Financial for Lutherans, doing business as Thrivent, a member-owned financial services organization headquartered in Minneapolis, Minnesota. Thrivent Asset Management serves as the investment adviser and manages the Fund for individual investors, financial advisers and institutional investors seeking actively managed exposure to the U.S. mid-cap value equity market. Thrivent was founded in 1902. The Fund’s principal recent strategic change was its conversion from the Thrivent Mid Cap Value Fund, an affiliated open-end mutual fund strategy, into the exchange-traded fund format. The converted ETF began trading on NYSE Arca on November 17, 2025, expanding Thrivent’s ETF product lineup to five funds and providing the established mid-cap value investment strategy through an exchange-traded vehicle. The Fund’s prior strategy history dates to February 28, 2020, while its ETF inception and listing date is November 17, 2025.