Tema Electrification ETF (NASDAQ:VOLT) Sees Large Volume Increase – Should You Buy?

Tema Electrification ETF (NASDAQ:VOLT) shares saw an uptick in trading volume on Friday . 128,401 shares traded hands during trading, a decline of 46% from the previous session’s volume of 237,177 shares.The stock last traded at $39.45 and had previously closed at $39.46.

Tema Electrification ETF Trading Down 0.1%

The firm has a market cap of $603.04 million, a price-to-earnings ratio of 358.55 and a beta of 1.01. The firm has a 50 day moving average price of $35.59 and a 200-day moving average price of $32.24.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its stake in shares of Tema Electrification ETF by 170.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 2,300,473 shares of the company’s stock worth $66,784,000 after buying an additional 1,449,199 shares during the last quarter. Arrow Financial Corp acquired a new position in shares of Tema Electrification ETF during the 4th quarter worth $10,730,000. Members Advisory Group LLC acquired a new position in Tema Electrification ETF in the 4th quarter valued at about $9,684,000. Hengehold Capital Management LLC acquired a new position in Tema Electrification ETF in the 4th quarter valued at about $5,566,000. Finally, LPL Financial LLC raised its stake in Tema Electrification ETF by 831.9% in the 4th quarter. LPL Financial LLC now owns 146,969 shares of the company’s stock valued at $4,251,000 after purchasing an additional 131,198 shares during the last quarter. Institutional investors and hedge funds own 33.60% of the company’s stock.

About Tema Electrification ETF

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.