Tema Electrification ETF (NASDAQ:VOLT) Shares Up 1.5% – Here’s What Happened

Tema Electrification ETF (NASDAQ:VOLT)’s share price rose 1.5% on Thursday . The company traded as high as $32.94 and last traded at $32.64. Approximately 276,320 shares traded hands during trading, an increase of 51% from the average daily volume of 183,464 shares. The stock had previously closed at $32.16.

Tema Electrification ETF Trading Up 1.5%

The company has a market cap of $315.63 million, a PE ratio of 296.73 and a beta of 1.43. The business has a fifty day moving average of $29.97 and a 200-day moving average of $28.92.

Tema Electrification ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, December 10th were given a $0.1319 dividend. The ex-dividend date was Wednesday, December 10th.

Institutional Trading of Tema Electrification ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans bought a new stake in Tema Electrification ETF in the second quarter valued at $35,117,000. Members Advisory Group LLC bought a new stake in shares of Tema Electrification ETF during the 4th quarter valued at about $9,684,000. Hengehold Capital Management LLC purchased a new position in shares of Tema Electrification ETF during the fourth quarter valued at about $5,566,000. Brookwood Investment Group LLC bought a new position in Tema Electrification ETF in the fourth quarter worth about $2,914,000. Finally, San Luis Wealth Advisors LLC bought a new position in Tema Electrification ETF in the fourth quarter worth about $2,634,000. Hedge funds and other institutional investors own 33.60% of the company’s stock.

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.