Tema Electrification ETF (NASDAQ:VOLT) Trading 0% Higher – Here’s Why

Tema Electrification ETF (NASDAQ:VOLT)’s stock price traded up 0% on Friday . The stock traded as high as $38.51 and last traded at $38.09. Approximately 211,576 shares changed hands during trading, a decline of 33% from the average daily volume of 313,625 shares. The stock had previously closed at $38.08.

Tema Electrification ETF Stock Performance

The business’s fifty day moving average is $38.93 and its 200-day moving average is $37.05. The firm has a market cap of $773.99 million, a P/E ratio of 346.27 and a beta of 1.07.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. JFS Wealth Advisors LLC bought a new stake in Tema Electrification ETF in the second quarter valued at approximately $27,000. NewEdge Advisors LLC acquired a new stake in Tema Electrification ETF during the 4th quarter worth about $28,000. Osaic Holdings Inc. lifted its stake in shares of Tema Electrification ETF by 381.2% in the 2nd quarter. Osaic Holdings Inc. now owns 1,280 shares of the company’s stock valued at $33,000 after purchasing an additional 1,014 shares during the period. SHP Wealth Management bought a new stake in shares of Tema Electrification ETF during the 4th quarter valued at about $34,000. Finally, Teamwork Financial Advisors LLC grew its stake in Tema Electrification ETF by 3.5% during the second quarter. Teamwork Financial Advisors LLC now owns 41,436 shares of the company’s stock worth $1,736,000 after purchasing an additional 1,407 shares during the period. 33.60% of the stock is owned by institutional investors and hedge funds.

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.