Torrey Payne Wealth Management LLC Acquires New Stake in Tema Electrification ETF $VOLT

Torrey Payne Wealth Management LLC acquired a new stake in Tema Electrification ETF (NASDAQ:VOLT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 69,654 shares of the company’s stock, valued at approximately $2,196,000. Tema Electrification ETF comprises approximately 2.0% of Torrey Payne Wealth Management LLC’s portfolio, making the stock its 14th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of VOLT. NewEdge Advisors LLC bought a new stake in shares of Tema Electrification ETF during the fourth quarter worth $28,000. Osaic Holdings Inc. grew its holdings in shares of Tema Electrification ETF by 381.2% in the second quarter. Osaic Holdings Inc. now owns 1,280 shares of the company’s stock worth $33,000 after purchasing an additional 1,014 shares during the last quarter. Allworth Financial LP bought a new position in shares of Tema Electrification ETF in the fourth quarter worth about $49,000. Arax Advisory Partners increased its stake in Tema Electrification ETF by 4,765.7% in the 4th quarter. Arax Advisory Partners now owns 1,703 shares of the company’s stock worth $49,000 after buying an additional 1,668 shares during the period. Finally, Ameriflex Group Inc. purchased a new position in Tema Electrification ETF in the 4th quarter worth about $49,000. Hedge funds and other institutional investors own 33.60% of the company’s stock.

Tema Electrification ETF Price Performance

Shares of VOLT opened at $41.14 on Friday. Tema Electrification ETF has a 1-year low of $24.36 and a 1-year high of $41.75. The company has a 50-day moving average of $39.21 and a 200 day moving average of $34.77. The firm has a market capitalization of $670.58 million, a price-to-earnings ratio of 374.00 and a beta of 1.06.

Tema Electrification ETF Company Profile

The Tema Electrification ETF (VOLT) is an exchange-traded fund that mostly invests in utilities equity. The fund actively invests in a concentrated portfolio of companies worldwide that are positioned to benefit from the electrification megacycle. The fund seeks long-term growth of capital. VOLT was launched on Dec 3, 2024 and is issued by Tema.