TCW Transform Systems ETF (BATS:NETZ) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

TCW Transform Systems ETF (BATS:NETZ)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $71.51 and traded as high as $76.17. TCW Transform Systems ETF shares last traded at $75.26, with a volume of 10,671 shares.

TCW Transform Systems ETF Trading Down 0.9 %

The company has a market capitalization of $134.09 million, a P/E ratio of 25.16 and a beta of 0.92. The stock has a 50 day moving average price of $75.65 and a 200 day moving average price of $71.54.

Institutional Trading of TCW Transform Systems ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Townsquare Capital LLC lifted its holdings in shares of TCW Transform Systems ETF by 2.6% during the third quarter. Townsquare Capital LLC now owns 13,643 shares of the company’s stock worth $1,009,000 after purchasing an additional 345 shares during the period. Napa Wealth Management lifted its holdings in TCW Transform Systems ETF by 3.1% during the 3rd quarter. Napa Wealth Management now owns 6,757 shares of the company’s stock worth $500,000 after buying an additional 200 shares during the period. Signify Wealth lifted its holdings in TCW Transform Systems ETF by 10.9% during the 3rd quarter. Signify Wealth now owns 86,178 shares of the company’s stock worth $6,371,000 after buying an additional 8,454 shares during the period. REDW Wealth LLC grew its position in shares of TCW Transform Systems ETF by 33.4% in the 3rd quarter. REDW Wealth LLC now owns 7,148 shares of the company’s stock valued at $528,000 after buying an additional 1,789 shares during the last quarter. Finally, Bristlecone Advisors LLC increased its stake in shares of TCW Transform Systems ETF by 58.8% in the third quarter. Bristlecone Advisors LLC now owns 9,887 shares of the company’s stock valued at $731,000 after buying an additional 3,661 shares during the period.

TCW Transform Systems ETF Company Profile

The Engine No. 1 Transform Climate ETF (NETZ) is an exchange-traded fund. The ETF currently has 95.44m in AUM and 25 holdings. NETZ is an actively managed portfolio of US equities that are considered to be driving and benefiting from the energy transformation NETZ was launched on Feb 2, 2022 and is managed by Engine No.