TCW Transform Systems ETF (NASDAQ:PWRD) Shares Pass Above 200-Day Moving Average – Here’s What Happened

TCW Transform Systems ETF (NASDAQ:PWRD) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $107.60 and traded as high as $113.17. TCW Transform Systems ETF shares last traded at $110.71, with a volume of 49,809 shares trading hands.

TCW Transform Systems ETF Stock Performance

The business has a 50 day moving average of $114.00 and a 200-day moving average of $107.60. The company has a market capitalization of $1.46 billion, a P/E ratio of 54.27 and a beta of 1.18.

TCW Transform Systems ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.0607 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. TCW Transform Systems ETF’s dividend payout ratio is currently 2.94%.

Institutional Investors Weigh In On TCW Transform Systems ETF

Institutional investors and hedge funds have recently modified their holdings of the company. WealthTrust Asset Management LLC boosted its position in shares of TCW Transform Systems ETF by 5.4% in the first quarter. WealthTrust Asset Management LLC now owns 2,361 shares of the technology company’s stock valued at $231,000 after acquiring an additional 122 shares during the period. Trademark Financial Management LLC increased its holdings in TCW Transform Systems ETF by 2.1% during the 1st quarter. Trademark Financial Management LLC now owns 8,478 shares of the technology company’s stock worth $829,000 after acquiring an additional 172 shares during the period. &PARTNERS increased its holdings in TCW Transform Systems ETF by 3.7% during the 4th quarter. &PARTNERS now owns 4,943 shares of the technology company’s stock worth $475,000 after acquiring an additional 175 shares during the period. WJ Wealth Management LLC lifted its stake in TCW Transform Systems ETF by 0.3% in the 4th 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 in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in TCW Transform Systems ETF by 7.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,707 shares of the technology company’s stock worth $356,000 after purchasing an additional 250 shares in the last quarter. 52.75% of the stock is owned by hedge funds and other institutional investors.

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.