TCW Transform Systems ETF (BATS:NETZ) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of TCW Transform Systems ETF (BATS:NETZ) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $71.51 and traded as high as $76.17. TCW Transform Systems ETF shares last traded at $75.26, with a volume of 10,671 shares changing hands.

TCW Transform Systems ETF Price Performance

The stock has a market capitalization of $133.96 million, a price-to-earnings ratio of 25.16 and a beta of 0.92. The business has a fifty day moving average of $75.61 and a 200 day moving average of $71.51.

Hedge Funds Weigh In On TCW Transform Systems ETF

Several large investors have recently modified their holdings of NETZ. Napa Wealth Management increased its position in shares of TCW Transform Systems ETF by 3.1% during the 3rd quarter. Napa Wealth Management now owns 6,757 shares of the company’s stock worth $500,000 after purchasing an additional 200 shares during the last quarter. Bristlecone Advisors LLC boosted its stake in TCW Transform Systems ETF by 3.6% during the second quarter. Bristlecone Advisors LLC now owns 6,226 shares of the company’s stock worth $425,000 after buying an additional 218 shares during the period. Townsquare Capital LLC increased its position in shares of TCW Transform Systems ETF by 2.6% during the third quarter. Townsquare Capital LLC now owns 13,643 shares of the company’s stock valued at $1,009,000 after acquiring an additional 345 shares during the last quarter. Cyndeo Wealth Partners LLC raised its stake in shares of TCW Transform Systems ETF by 2.9% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 50,055 shares of the company’s stock valued at $3,701,000 after acquiring an additional 1,433 shares during the period. Finally, REDW Wealth LLC lifted its holdings in shares of TCW Transform Systems ETF by 33.4% in the 3rd quarter. REDW Wealth LLC now owns 7,148 shares of the company’s stock worth $528,000 after acquiring an additional 1,789 shares during the last quarter.

About TCW Transform Systems ETF

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.