TCW Transform 500 ETF (BATS:VOTE) Sees Large Drop in Short Interest

TCW Transform 500 ETF (BATS:VOTE) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 2,700 shares, a drop of 88.9% from the May 15th total of 24,300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 42,600 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of TCW Transform 500 ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Plum Street Advisors LLC lifted its stake in TCW Transform 500 ETF by 221.3% in the first quarter. Plum Street Advisors LLC now owns 24,493 shares of the company’s stock valued at $1,602,000 after acquiring an additional 16,871 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in TCW Transform 500 ETF by 1.0% in the first quarter. Goldman Sachs Group Inc. now owns 376,316 shares of the company’s stock valued at $24,607,000 after acquiring an additional 3,836 shares during the last quarter. Tolleson Wealth Management Inc. lifted its stake in TCW Transform 500 ETF by 0.5% in the first quarter. Tolleson Wealth Management Inc. now owns 66,650 shares of the company’s stock valued at $4,358,000 after acquiring an additional 300 shares during the last quarter. Angeles Investment Advisors LLC raised its position in shares of TCW Transform 500 ETF by 12.6% in the first quarter. Angeles Investment Advisors LLC now owns 861,919 shares of the company’s stock valued at $56,361,000 after purchasing an additional 96,480 shares during the period. Finally, Focus Partners Advisor Solutions LLC raised its position in shares of TCW Transform 500 ETF by 16.9% in the first quarter. Focus Partners Advisor Solutions LLC now owns 4,896 shares of the company’s stock valued at $320,000 after purchasing an additional 707 shares during the period.

TCW Transform 500 ETF Stock Up 0.4%

Shares of BATS VOTE opened at $70.98 on Friday. The firm has a 50-day simple moving average of $66.07 and a 200-day simple moving average of $68.17. The stock has a market capitalization of $796.36 million, a P/E ratio of 24.71 and a beta of 1.02.

TCW Transform 500 ETF Company Profile

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.