TCW Transform Systems ETF $PWRD is Centerline Wealth Advisors LLC’s 6th Largest Position

Centerline Wealth Advisors LLC boosted its holdings in shares of TCW Transform Systems ETF (NASDAQ:PWRD) by 144.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 150,502 shares of the technology company’s stock after purchasing an additional 89,035 shares during the quarter. TCW Transform Systems ETF makes up approximately 5.2% of Centerline Wealth Advisors LLC’s holdings, making the stock its 6th largest holding. Centerline Wealth Advisors LLC’s holdings in TCW Transform Systems ETF were worth $14,472,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new position in shares of TCW Transform Systems ETF during the 2nd quarter valued at approximately $220,893,000. MAI Capital Management acquired a new stake in shares of TCW Transform Systems ETF during the second quarter worth approximately $281,000. Steward Partners Investment Advisory LLC bought a new stake in shares of TCW Transform Systems ETF in the second quarter worth $815,000. Lido Advisors LLC bought a new stake in shares of TCW Transform Systems ETF in the second quarter worth $939,000. Finally, WCG Wealth Advisors LLC acquired a new stake in TCW Transform Systems ETF in the second quarter valued at $14,309,000. 52.75% of the stock is owned by institutional investors and hedge funds.

TCW Transform Systems ETF Price Performance

NASDAQ PWRD opened at $97.03 on Monday. TCW Transform Systems ETF has a 12 month low of $59.38 and a 12 month high of $110.35. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 47.56 and a beta of 1.19. The company’s fifty day moving average price is $102.74 and its two-hundred day moving average price is $99.36.

TCW Transform Systems ETF Company Profile

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.