TCW Transform Systems ETF (NASDAQ:PWRD) Sets New 1-Year High – Here’s What Happened

TCW Transform Systems ETF (NASDAQ:PWRD)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $123.21 and last traded at $122.98, with a volume of 58838 shares traded. The stock had previously closed at $119.21.

TCW Transform Systems ETF Price Performance

The business’s 50-day moving average price is $113.12 and its two-hundred day moving average price is $105.39. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 60.33 and a beta of 1.20.

TCW Transform Systems ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.0607 per share. 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 2.94%.

Institutional Trading of TCW Transform Systems ETF

A number of institutional investors have recently modified their holdings of PWRD. Dynasty Wealth Management LLC lifted its position in shares of TCW Transform Systems ETF by 63.6% during the 4th quarter. Dynasty Wealth Management LLC now owns 5,303,116 shares of the technology company’s stock valued at $509,927,000 after acquiring an additional 2,061,596 shares during the period. JPMorgan Chase & Co. increased its position in shares of TCW Transform Systems ETF by 18.9% in 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 period. OpenArc Corporate Advisory LLC bought a new position in shares of TCW Transform Systems ETF in the fourth quarter worth $160,621,000. Quotient Wealth Partners LLC raised its stake in TCW Transform Systems ETF by 41.0% in the first quarter. Quotient Wealth Partners LLC now owns 933,031 shares of the technology company’s stock valued at $91,219,000 after purchasing an additional 271,444 shares in the last quarter. Finally, WCG Wealth Advisors LLC raised its stake in TCW Transform Systems ETF by 192.9% in the fourth quarter. WCG Wealth Advisors LLC now owns 359,839 shares of the technology company’s stock valued at $34,601,000 after purchasing an additional 236,974 shares in the last quarter. 52.75% of the stock is currently owned by 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.