TCW Transform Systems ETF (NASDAQ:PWRD) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

TCW Transform Systems ETF (NASDAQ:PWRD) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $100.45 and traded as high as $109.63. TCW Transform Systems ETF shares last traded at $109.37, with a volume of 121,773 shares traded.

TCW Transform Systems ETF Trading Up 0.0%

The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 53.61 and a beta of 1.20. The firm has a fifty day moving average price of $103.70 and a 200 day moving average price of $100.45.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Portside Wealth Group LLC boosted its holdings in shares of TCW Transform Systems ETF by 0.9% in the 3rd quarter. Portside Wealth Group LLC now owns 12,402 shares of the technology company’s stock worth $1,212,000 after acquiring an additional 112 shares in the last quarter. &PARTNERS lifted its holdings in TCW Transform Systems ETF by 3.7% during the 4th quarter. &PARTNERS now owns 4,943 shares of the technology company’s stock worth $475,000 after buying an additional 175 shares in the last quarter. WJ Wealth Management LLC lifted its holdings in TCW Transform Systems ETF by 0.3% during the 4th quarter. WJ Wealth Management LLC now owns 71,101 shares of the technology company’s stock worth $6,837,000 after buying an additional 179 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in TCW Transform Systems ETF by 7.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,707 shares of the technology company’s stock worth $356,000 after buying an additional 250 shares in the last quarter. Finally, Key Capital Management INC acquired a new position in TCW Transform Systems ETF during the 4th quarter worth $30,000. 52.75% of the stock is owned by institutional investors and hedge funds.

About TCW Transform Systems ETF

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.