TCW Transform Systems ETF (BATS:NETZ) Shares Acquired by Albion Financial Group UT

Albion Financial Group UT boosted its position in TCW Transform Systems ETF (BATS:NETZ) by 62.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,221 shares of the company’s stock after buying an additional 24,743 shares during the quarter. Albion Financial Group UT owned 3.61% of TCW Transform Systems ETF worth $4,661,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital Wealth Management LLC purchased a new position in TCW Transform Systems ETF in the fourth quarter valued at about $428,000. Napa Wealth Management grew its position in shares of TCW Transform Systems ETF by 3.1% during the third quarter. Napa Wealth Management now owns 6,757 shares of the company’s stock worth $500,000 after buying an additional 200 shares in the last quarter. REDW Wealth LLC increased its stake in shares of TCW Transform Systems ETF by 33.4% in the third quarter. REDW Wealth LLC now owns 7,148 shares of the company’s stock worth $528,000 after buying an additional 1,789 shares during the last quarter. Quotient Wealth Partners LLC raised its holdings in TCW Transform Systems ETF by 32.5% in the third quarter. Quotient Wealth Partners LLC now owns 8,417 shares of the company’s stock valued at $622,000 after acquiring an additional 2,065 shares in the last quarter. Finally, Bristlecone Advisors LLC boosted its stake in TCW Transform Systems ETF by 58.8% during the 3rd quarter. Bristlecone Advisors LLC now owns 9,887 shares of the company’s stock valued at $731,000 after acquiring an additional 3,661 shares during the last quarter.

TCW Transform Systems ETF Price Performance

NETZ opened at $81.02 on Wednesday. The company has a market cap of $144.22 million, a P/E ratio of 25.16 and a beta of 0.92. The business has a fifty day moving average of $75.81 and a 200-day moving average of $72.64.

TCW Transform Systems ETF Profile

The Engine No. 1 Transform Climate ETF (NETZ) is an exchange-traded fund. The ETF currently has 95.44m in AUM and 25 holdings. NETZ is an actively managed portfolio of US equities that are considered to be driving and benefiting from the energy transformation NETZ was launched on Feb 2, 2022 and is managed by Engine No.