GK Wealth Management LLC Takes Position in TCW Transform Systems ETF $PWRD

GK Wealth Management LLC purchased a new stake in TCW Transform Systems ETF (NASDAQ:PWRD) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,946 shares of the technology company’s stock, valued at approximately $854,000. GK Wealth Management LLC owned 0.05% of TCW Transform Systems ETF at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of PWRD. Dynasty Wealth Management LLC boosted its stake in TCW Transform Systems ETF by 63.6% during the fourth quarter. Dynasty Wealth Management LLC now owns 5,303,116 shares of the technology company’s stock worth $509,927,000 after buying an additional 2,061,596 shares in the last quarter. OpenArc Corporate Advisory LLC bought a new stake in TCW Transform Systems ETF during the fourth quarter worth about $160,621,000. Quotient Wealth Partners LLC grew its position in TCW Transform Systems ETF by 4,251.4% during the 4th quarter. Quotient Wealth Partners LLC now owns 661,587 shares of the technology company’s stock worth $63,615,000 after acquiring an additional 646,383 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of TCW Transform Systems ETF by 18.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,029,797 shares of the technology company’s stock worth $291,332,000 after purchasing an additional 480,792 shares during the last quarter. Finally, WCG Wealth Advisors LLC grew its holdings in TCW Transform Systems ETF by 192.9% during the 4th quarter. WCG Wealth Advisors LLC now owns 359,839 shares of the technology company’s stock worth $34,601,000 after acquiring an additional 236,974 shares during the last quarter. Institutional investors and hedge funds own 52.75% of the company’s stock.

TCW Transform Systems ETF Price Performance

Shares of TCW Transform Systems ETF stock opened at $113.00 on Wednesday. The firm has a 50 day simple moving average of $113.58 and a 200 day simple moving average of $108.08. The firm has a market cap of $1.51 billion, a P/E ratio of 55.39 and a beta of 1.19. TCW Transform Systems ETF has a fifty-two week low of $89.13 and a fifty-two week high of $123.23.

TCW Transform Systems ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Tuesday, June 23rd were given a $0.0607 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, June 23rd. TCW Transform Systems ETF’s dividend payout ratio (DPR) is presently 2.94%.

TCW Transform Systems ETF 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.