Tema Electrification ETF (NASDAQ:VOLT) Shares Up 1.4% – Still a Buy?

Posted by ABMN Staff on Apr 15th, 2025

Shares of Tema Electrification ETF (NASDAQ:VOLT – Get Free Report) shot up 1.4% during mid-day trading on Monday . The company traded as high as $21.36 and last traded at $21.25. 10,009 shares traded hands during trading, a decline of 82% from the average session volume of 54,919 shares. The stock had previously closed at $20.96.

Tema Electrification ETF Price Performance

The company has a market capitalization of $64.81 million and a price-to-earnings ratio of 193.18. The firm’s 50 day moving average is $21.76.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Truist Financial Corp bought a new stake in shares of Tema Electrification ETF during the fourth quarter worth $373,000. Jane Street Group LLC acquired a new stake in Tema Electrification ETF in the fourth quarter worth about $387,000. Finally, Thrivent Financial for Lutherans bought a new stake in Tema Electrification ETF during the 4th quarter worth about $6,964,000. 33.60% of the stock is currently owned by institutional investors.

Tema Electrification ETF Company Profile

(Get Free Report)

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.