TritonPoint Partners LLC Makes New $1.29 Million Investment in TCW Transform Systems ETF $PWRD

TritonPoint Partners LLC purchased a new position in TCW Transform Systems ETF (NASDAQ:PWRD) in the fourth quarter, HoldingsChannel reports. The firm purchased 13,445 shares of the technology company’s stock, valued at approximately $1,293,000.

A number of other hedge funds have also modified their holdings of the company. WJ Wealth Management LLC boosted its position in shares of TCW Transform Systems ETF by 0.3% in the fourth quarter. WJ Wealth Management LLC now owns 71,101 shares of the technology company’s stock worth $6,837,000 after purchasing an additional 179 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of TCW Transform Systems ETF by 7.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,707 shares of the technology company’s stock worth $356,000 after buying an additional 250 shares in the last quarter. Key Capital Management INC purchased a new position in shares of TCW Transform Systems ETF in the fourth quarter worth $30,000. HighTower Advisors LLC lifted its holdings in shares of TCW Transform Systems ETF by 17.7% in the fourth quarter. HighTower Advisors LLC now owns 3,231 shares of the technology company’s stock worth $311,000 after buying an additional 485 shares in the last quarter. Finally, Bellevue Asset Management LLC lifted its holdings in shares of TCW Transform Systems ETF by 2.3% in the fourth quarter. Bellevue Asset Management LLC now owns 21,332 shares of the technology company’s stock worth $2,050,000 after buying an additional 489 shares in the last quarter. 52.75% of the stock is currently owned by institutional investors.

TCW Transform Systems ETF Stock Performance

PWRD stock opened at $113.85 on Monday. TCW Transform Systems ETF has a one year low of $83.30 and a one year high of $116.63. The company’s fifty day moving average price is $110.06 and its 200-day moving average price is $103.78. The company has a market capitalization of $1.48 billion, a PE ratio of 55.81 and a beta of 1.20.

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.