JPMorgan Chase & Co. Sells 8,450 Shares of TCW Transform 500 ETF $VOTE

JPMorgan Chase & Co. lessened its position in shares of TCW Transform 500 ETF (BATS:VOTE) by 1.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 570,113 shares of the company’s stock after selling 8,450 shares during the period. JPMorgan Chase & Co. owned approximately 5.08% of TCW Transform 500 ETF worth $44,742,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. AdvisorNet Financial Inc lifted its holdings in TCW Transform 500 ETF by 13.0% during the 3rd quarter. AdvisorNet Financial Inc now owns 1,102 shares of the company’s stock worth $87,000 after purchasing an additional 127 shares during the last quarter. Mission Wealth Management LP lifted its holdings in shares of TCW Transform 500 ETF by 1.0% during the third quarter. Mission Wealth Management LP now owns 16,846 shares of the company’s stock worth $1,322,000 after buying an additional 163 shares in the last quarter. Ballentine Partners LLC lifted its holdings in shares of TCW Transform 500 ETF by 0.7% during the third quarter. Ballentine Partners LLC now owns 29,820 shares of the company’s stock worth $2,340,000 after buying an additional 197 shares in the last quarter. Creative Planning boosted its position in shares of TCW Transform 500 ETF by 2.2% in the second quarter. Creative Planning now owns 12,515 shares of the company’s stock valued at $910,000 after acquiring an additional 265 shares during the period. Finally, A&I Financial Services LLC grew its stake in shares of TCW Transform 500 ETF by 0.6% in the third quarter. A&I Financial Services LLC now owns 43,526 shares of the company’s stock valued at $3,427,000 after acquiring an additional 268 shares in the last quarter.

TCW Transform 500 ETF Stock Performance

BATS:VOTE opened at $80.82 on Friday. TCW Transform 500 ETF has a 52 week low of $56.47 and a 52 week high of $81.96. The firm’s 50-day simple moving average is $80.86 and its 200 day simple moving average is $79.15. The firm has a market cap of $906.80 million, a price-to-earnings ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were given a $0.209 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, December 22nd.

TCW Transform 500 ETF Company Profile

The Engine No. 1 Transform 500 ETF (VOTE) is an exchange-traded fund that is based on the Morningstar US Large Cap Select index. The ETF currently has 410.2m in AUM and 505 holdings. VOTE tracks a market-cap-weighted index consisting of large-cap US stocks VOTE was launched on Jun 22, 2021 and is managed by Engine No. 1.