Thrivent Mid Cap Value ETF

Thrivent Mid Cap Value ETF is an exchange-traded fund designed to provide exposure to U.S. mid-sized companies that exhibit value characteristics. Structured as an actively managed fund, its primary objective is long-term capital growth by investing in a diversified portfolio of mid-cap stocks identified as undervalued relative to their intrinsic worth by the investment adviser. The fund’s holdings span various sectors, allowing for broad participation in the mid-cap segment of the U.S. equity market. Thrivent Mid Cap Value ETF transitioned from a mutual fund structure prior to November 2025, maintaining the same investment objective and management approach through the conversion. This allows the ETF to carry forward the track record and expertise established by its predecessor fund. The product plays a significant role in the market by enabling investors to seek value opportunities within the mid-cap space, often considered a blend of growth potential and established business stability. Its actively managed strategy differentiates it from purely index-based ETFs, as the portfolio manager can respond dynamically to changing valuation metrics and sector trends.