Tema Electrification ETF $VOLT Shares Sold by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. cut its position in shares of Tema Electrification ETF (NASDAQ:VOLT) by 42.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,734 shares of the company’s stock after selling 15,499 shares during the period. Pinnacle Associates Ltd. owned about 0.10% of Tema Electrification ETF worth $735,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VOLT. JFS Wealth Advisors LLC bought a new position in Tema Electrification ETF in the second quarter worth $27,000. Allworth Financial LP boosted 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 worth $136,000 after buying an additional 1,554 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Tema Electrification ETF by 256.6% during the third quarter. Farther Finance Advisors LLC now owns 5,371 shares of the company’s stock worth $190,000 after buying an additional 3,865 shares in the last quarter. Mustico Financial Group Inc. bought a new stake in Tema Electrification ETF in the 1st quarter valued at $194,000. Finally, Post Resch Tallon Group Inc. bought a new stake in Tema Electrification ETF in the 2nd quarter valued at $253,000. 33.60% of the stock is currently owned by institutional investors and hedge funds.

Tema Electrification ETF Price Performance

Shares of Tema Electrification ETF stock opened at $32.80 on Friday. Tema Electrification ETF has a 52-week low of $28.05 and a 52-week high of $42.16. The firm has a market capitalization of $751.78 million, a PE ratio of 298.18 and a beta of 1.04. The company’s fifty day moving average price is $35.80 and its two-hundred day moving average price is $37.83.

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.