Valence8 US LP Sells 79,651 Shares of TCW Transform Systems ETF $PWRD

Valence8 US LP cut its holdings in shares of TCW Transform Systems ETF (NASDAQ:PWRD) by 48.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,199 shares of the technology company’s stock after selling 79,651 shares during the quarter. TCW Transform Systems ETF accounts for 2.9% of Valence8 US LP’s holdings, making the stock its 8th largest position. Valence8 US LP owned 0.66% of TCW Transform Systems ETF worth $8,330,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in PWRD. Dynasty Wealth Management LLC boosted its stake in shares of TCW Transform Systems ETF by 63.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 5,303,116 shares of the technology company’s stock valued at $509,927,000 after buying an additional 2,061,596 shares during the period. JPMorgan Chase & Co. raised its holdings in TCW Transform Systems ETF by 18.9% in the 4th quarter. JPMorgan Chase & Co. now owns 3,029,797 shares of the technology company’s stock valued at $291,332,000 after acquiring an additional 480,792 shares in the last quarter. OpenArc Corporate Advisory LLC acquired a new position in TCW Transform Systems ETF in the 4th quarter valued at $160,621,000. Quotient Wealth Partners LLC raised its holdings in TCW Transform Systems ETF by 41.0% in the 1st quarter. Quotient Wealth Partners LLC now owns 933,031 shares of the technology company’s stock valued at $91,219,000 after acquiring an additional 271,444 shares in the last quarter. Finally, WCG Wealth Advisors LLC lifted its position in shares of TCW Transform Systems ETF by 192.9% during the 4th quarter. WCG Wealth Advisors LLC now owns 359,839 shares of the technology company’s stock valued at $34,601,000 after acquiring an additional 236,974 shares during the period. 52.75% of the stock is owned by institutional investors.

TCW Transform Systems ETF Stock Performance

PWRD opened at $110.71 on Friday. TCW Transform Systems ETF has a 52-week low of $89.13 and a 52-week high of $123.23. The firm has a market cap of $1.46 billion, a P/E ratio of 54.27 and a beta of 1.18. The business’s fifty day moving average is $114.00 and its 200-day moving average is $107.60.

TCW Transform Systems ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Tuesday, June 23rd were given a dividend of $0.0607 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.24 annualized dividend and a yield of 0.2%. TCW Transform Systems ETF’s dividend payout ratio is currently 2.94%.

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.