Tema Electrification ETF $VOLT Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its stake in Tema Electrification ETF (NASDAQ:VOLT) by 170.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,300,473 shares of the company’s stock after buying an additional 1,449,199 shares during the quarter. Thrivent Financial for Lutherans owned 0.22% of Tema Electrification ETF worth $66,784,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Osaic Holdings Inc. grew its holdings in Tema Electrification ETF by 381.2% in the second quarter. Osaic Holdings Inc. now owns 1,280 shares of the company’s stock valued at $33,000 after purchasing an additional 1,014 shares during the period. Allworth Financial LP purchased a new stake in Tema Electrification ETF during the 4th quarter worth approximately $49,000. Stratos Wealth Partners LTD. purchased a new stake in Tema Electrification ETF during the 4th quarter worth approximately $204,000. Three Magnolias Financial Advisors LLC purchased a new stake in shares of Tema Electrification ETF in the fourth quarter valued at approximately $206,000. Finally, MWA Asset Management purchased a new stake in shares of Tema Electrification ETF in the third quarter valued at approximately $215,000. Institutional investors and hedge funds own 33.60% of the company’s stock.

Tema Electrification ETF Price Performance

VOLT stock opened at $39.71 on Friday. Tema Electrification ETF has a 1 year low of $23.00 and a 1 year high of $41.75. The firm has a market capitalization of $647.27 million, a PE ratio of 361.00 and a beta of 1.23. The business has a 50 day simple moving average of $36.85 and a 200-day simple moving average of $33.18.

Tema Electrification ETF 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.