TCW Artificial Intelligence ETF (NASDAQ:AIFD) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

TCW Artificial Intelligence ETF (NASDAQ:AIFD)’s stock price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $47.63 and traded as low as $46.50. TCW Artificial Intelligence ETF shares last traded at $47.25, with a volume of 13,688 shares changing hands.

TCW Artificial Intelligence ETF Stock Performance

The stock has a market cap of $124.74 million, a P/E ratio of 42.59 and a beta of 1.75. The firm’s 50 day moving average is $52.13 and its 200 day moving average is $47.63.

Institutional Trading of TCW Artificial Intelligence ETF

Several large investors have recently bought and sold shares of the stock. Revisor Wealth Management LLC raised its position in shares of TCW Artificial Intelligence ETF by 7.2% during the 3rd quarter. Revisor Wealth Management LLC now owns 5,956 shares of the company’s stock valued at $307,000 after buying an additional 398 shares during the period. Cyndeo Wealth Partners LLC grew its position in TCW Artificial Intelligence ETF by 16.2% in the third quarter. Cyndeo Wealth Partners LLC now owns 5,046 shares of the company’s stock worth $273,000 after acquiring an additional 705 shares during the period. Envestnet Asset Management Inc. grew its position in TCW Artificial Intelligence ETF by 15.6% in the second quarter. Envestnet Asset Management Inc. now owns 19,300 shares of the company’s stock worth $1,070,000 after acquiring an additional 2,607 shares during the period. Citadel Advisors LLC increased its stake in TCW Artificial Intelligence ETF by 42.2% during the second quarter. Citadel Advisors LLC now owns 9,805 shares of the company’s stock worth $544,000 after acquiring an additional 2,909 shares during the last quarter. Finally, GK Wealth Management LLC acquired a new stake in TCW Artificial Intelligence ETF during the second quarter worth $437,000.

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. AIFD was launched on May 6, 2024 and is issued by TCW.