Tema Electrification ETF (NASDAQ:VOLT) Shares Down 1.1% – Here’s Why

Shares of Tema Electrification ETF (NASDAQ:VOLT) traded down 1.1% during mid-day trading on Wednesday . The stock traded as low as $22.73 and last traded at $22.92. 25,767 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 98,563 shares. The stock had previously closed at $23.18.

Tema Electrification ETF Stock Down 1.1 %

The company has a market cap of $48.59 million and a price-to-earnings ratio of 208.36. The company’s 50 day moving average is $23.77.

Tema Electrification ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 27th were paid a $0.0014 dividend. The ex-dividend date of this dividend was Friday, December 27th.

Institutional Investors Weigh In On Tema Electrification ETF

An institutional investor recently bought a new position in Tema Electrification ETF stock. Truist Financial Corp bought a new position in shares of Tema Electrification ETF (NASDAQ:VOLT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,166 shares of the company’s stock, valued at approximately $373,000. Truist Financial Corp owned about 0.82% of Tema Electrification ETF at the end of the most recent reporting period. Institutional investors own 33.60% of the company’s stock.