TCW Transform 500 ETF (NASDAQ:VOTE) Sees Strong Trading Volume – Here’s Why

TCW Transform 500 ETF (NASDAQ:VOTEGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 51,778 shares changed hands during mid-day trading, an increase of 90% from the previous session’s volume of 27,274 shares.The stock last traded at $91.3340 and had previously closed at $90.04.

TCW Transform 500 ETF Price Performance

The company has a market cap of $1.14 billion, a price-to-earnings ratio of 25.32 and a beta of 1.01. The firm’s fifty day moving average price is $90.54 and its 200-day moving average price is $88.81.

Institutional Investors Weigh In On TCW Transform 500 ETF

Several large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new stake in TCW Transform 500 ETF in the 2nd quarter valued at approximately $128,000. Sonoma Allocations LLC boosted its position in TCW Transform 500 ETF by 25.2% during the 2nd quarter. Sonoma Allocations LLC now owns 11,564 shares of the company’s stock worth $1,022,000 after acquiring an additional 2,325 shares during the period. Bank of America Corp DE boosted its position in TCW Transform 500 ETF by 5.2% during the 1st quarter. Bank of America Corp DE now owns 185,779 shares of the company’s stock worth $14,175,000 after acquiring an additional 9,215 shares during the period. Royal Bank of Canada grew its stake in shares of TCW Transform 500 ETF by 433.1% in the first quarter. Royal Bank of Canada now owns 3,732 shares of the company’s stock worth $284,000 after purchasing an additional 3,032 shares in the last quarter. Finally, Gateway Wealth Partners LLC grew its stake in shares of TCW Transform 500 ETF by 104.6% in the first quarter. Gateway Wealth Partners LLC now owns 100,168 shares of the company’s stock worth $7,643,000 after purchasing an additional 51,206 shares in the last quarter.

About TCW Transform 500 ETF

(Get Free Report)

The Engine No. 1 Transform 500 ETF (VOTE) is an exchange-traded fund that is based on the Morningstar US Large Cap Select index. The ETF currently has 410.2m in AUM and 505 holdings. VOTE tracks a market-cap-weighted index consisting of large-cap US stocks VOTE was launched on Jun 22, 2021 and is managed by Engine No. 1.

Further Reading

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