TCW Transform Systems ETF $PWRD Position Lifted by Principle Wealth Partners LLC

Principle Wealth Partners LLC raised its position in shares of TCW Transform Systems ETF (NASDAQ:PWRD) by 12.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 170,961 shares of the technology company’s stock after acquiring an additional 18,408 shares during the period. TCW Transform Systems ETF makes up about 0.9% of Principle Wealth Partners LLC’s investment portfolio, making the stock its 22nd largest position. Principle Wealth Partners LLC owned 1.18% of TCW Transform Systems ETF worth $17,984,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Procyon Advisors LLC lifted its holdings in shares of TCW Transform Systems ETF by 13.9% in the 1st quarter. Procyon Advisors LLC now owns 135,106 shares of the technology company’s stock worth $13,209,000 after acquiring an additional 16,486 shares during the last quarter. Quadcap Wealth Management LLC boosted its stake in shares of TCW Transform Systems ETF by 6.4% during the 3rd quarter. Quadcap Wealth Management LLC now owns 104,402 shares of the technology company’s stock worth $10,982,000 after purchasing an additional 6,260 shares during the period. Venture Visionary Partners LLC boosted its stake in shares of TCW Transform Systems ETF by 3.1% during the 3rd quarter. Venture Visionary Partners LLC now owns 89,843 shares of the technology company’s stock worth $9,451,000 after purchasing an additional 2,722 shares during the period. Bank of America Corp DE grew its holdings in TCW Transform Systems ETF by 153.8% during the 1st quarter. Bank of America Corp DE now owns 90,559 shares of the technology company’s stock valued at $8,854,000 after purchasing an additional 54,876 shares during the last quarter. Finally, Albion Financial Group UT grew its holdings in TCW Transform Systems ETF by 1.7% during the 3rd quarter. Albion Financial Group UT now owns 73,456 shares of the technology company’s stock valued at $7,727,000 after purchasing an additional 1,240 shares during the last quarter. Hedge funds and other institutional investors own 52.75% of the company’s stock.

TCW Transform Systems ETF Trading Down 6.0%

Shares of NASDAQ:PWRD opened at $89.60 on Friday. TCW Transform Systems ETF has a 12 month low of $89.58 and a 12 month high of $123.23. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 43.92 and a beta of 1.20. The firm’s 50-day moving average is $103.16 and its 200 day moving average is $107.14.

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.