Envestnet Asset Management Inc. Increases Stock Holdings in TCW Artificial Intelligence ETF (NYSEARCA:AIFD)

Envestnet Asset Management Inc. grew its holdings in TCW Artificial Intelligence ETF (NYSEARCA:AIFD) by 9.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,845 shares of the company’s stock after acquiring an additional 1,426 shares during the period. Envestnet Asset Management Inc. owned about 0.75% of TCW Artificial Intelligence ETF worth $379,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Aurora Private Wealth Inc. lifted its stake in TCW Artificial Intelligence ETF by 47.7% during the first quarter. Aurora Private Wealth Inc. now owns 30,749 shares of the company’s stock worth $735,000 after purchasing an additional 9,931 shares during the last quarter.

TCW Artificial Intelligence ETF Trading Up 1.9%

Shares of NYSEARCA AIFD opened at $32.44 on Thursday. The stock has a market cap of $67.48 million and a P/E ratio of 42.59. TCW Artificial Intelligence ETF has a twelve month low of $20.00 and a twelve month high of $33.04. The stock has a 50 day moving average of $30.26 and a two-hundred day moving average of $27.78.

About TCW Artificial Intelligence ETF

The TCW Artificial Intelligence ETF (AIFD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global equity securities of companies focusing on and benefiting from artificial intelligence. It primarily selects growth companies and seeks long-term growth of capital.