Tema Electrification ETF (NASDAQ:VOLT) Hits New 52-Week High – What’s Next?

Tema Electrification ETF (NASDAQ:VOLT)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $39.85 and last traded at $39.84, with a volume of 95490 shares trading hands. The stock had previously closed at $38.89.

Tema Electrification ETF Stock Up 0.4%

The firm has a 50-day moving average price of $35.92 and a 200 day moving average price of $32.49. The firm has a market capitalization of $641.43 million, a PE ratio of 370.00 and a beta of 1.01.

Institutional Investors Weigh In On Tema Electrification ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VOLT. Thrivent Financial for Lutherans grew its holdings in shares of Tema Electrification ETF by 170.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 2,300,473 shares of the company’s stock worth $66,784,000 after acquiring an additional 1,449,199 shares during the period. Arrow Financial Corp acquired a new position in Tema Electrification ETF during the fourth quarter worth $10,730,000. Members Advisory Group LLC acquired a new stake in Tema Electrification ETF in the fourth quarter valued at $9,684,000. Hengehold Capital Management LLC acquired a new stake in Tema Electrification ETF in the fourth quarter valued at $5,566,000. Finally, LPL Financial LLC increased its position in shares of Tema Electrification ETF by 831.9% in the fourth quarter. LPL Financial LLC now owns 146,969 shares of the company’s stock valued at $4,251,000 after buying an additional 131,198 shares in the last quarter. 33.60% of the stock is currently 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.