Tema Electrification ETF (NASDAQ:VOLT) Sees Unusually-High Trading Volume – Here’s Why

Tema Electrification ETF (NASDAQ:VOLT) shares saw an uptick in trading volume on Friday . 244,336 shares changed hands during mid-day trading, a decline of 15% from the previous session’s volume of 288,235 shares.The stock last traded at $39.17 and had previously closed at $39.07.

Tema Electrification ETF Price Performance

The stock has a market capitalization of $643.36 million, a price-to-earnings ratio of 358.82 and a beta of 1.23. The stock’s 50 day simple moving average is $37.22 and its 200-day simple moving average is $33.42.

Institutional Trading of Tema Electrification ETF

Institutional investors have recently added to or reduced their stakes in the business. Brookwood Investment Group LLC acquired a new stake in Tema Electrification ETF in the fourth quarter valued at approximately $2,914,000. San Luis Wealth Advisors LLC bought a new position in shares of Tema Electrification ETF in the fourth quarter valued at approximately $2,634,000. Apollon Wealth Management LLC bought a new position in shares of Tema Electrification ETF in the fourth quarter valued at approximately $404,000. Members Advisory Group LLC bought a new position in shares of Tema Electrification ETF in the fourth quarter valued at approximately $9,684,000. Finally, Brookstone Capital Management bought a new position in shares of Tema Electrification ETF in the fourth quarter valued at approximately $1,228,000. 33.60% of the stock is currently owned by institutional investors and hedge funds.

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.