Avaii Wealth Management LLC Grows Holdings in Tema Electrification ETF $VOLT

Avaii Wealth Management LLC lifted its stake in Tema Electrification ETF (NASDAQ:VOLT) by 421.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 219,907 shares of the company’s stock after buying an additional 177,752 shares during the period. Tema Electrification ETF makes up approximately 2.2% of Avaii Wealth Management LLC’s holdings, making the stock its 18th largest holding. Avaii Wealth Management LLC owned about 1.07% of Tema Electrification ETF worth $8,077,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. JFS Wealth Advisors LLC purchased a new stake in shares of Tema Electrification ETF in the 2nd quarter worth approximately $27,000. SHP Wealth Management purchased a new position in Tema Electrification ETF during the fourth quarter valued at $34,000. Allworth Financial LP raised its stake in Tema Electrification ETF by 92.2% during the second quarter. Allworth Financial LP now owns 3,240 shares of the company’s stock valued at $136,000 after buying an additional 1,554 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Tema Electrification ETF by 256.6% in the third quarter. Farther Finance Advisors LLC now owns 5,371 shares of the company’s stock worth $190,000 after acquiring an additional 3,865 shares in the last quarter. Finally, Mustico Financial Group Inc. bought a new stake in Tema Electrification ETF in the first quarter worth $194,000. Institutional investors own 33.60% of the company’s stock.

Tema Electrification ETF Price Performance

Tema Electrification ETF stock traded up $0.37 during mid-day trading on Friday, reaching $36.56. The stock had a trading volume of 80,365 shares, compared to its average volume of 283,305. Tema Electrification ETF has a one year low of $28.05 and a one year high of $42.16. The company has a 50-day moving average price of $36.57 and a two-hundred day moving average price of $37.84. The company has a market capitalization of $749.48 million, a price-to-earnings ratio of 332.36 and a beta of 1.04.

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.