HighTower Advisors LLC Invests $917,000 in TCW Artificial Intelligence ETF (NYSEARCA:AIFD)

HighTower Advisors LLC purchased a new position in TCW Artificial Intelligence ETF (NYSEARCA:AIFD) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 31,323 shares of the company’s stock, valued at approximately $917,000.

Separately, FMR LLC purchased a new position in shares of TCW Artificial Intelligence ETF in the 3rd quarter worth $37,000.

TCW Artificial Intelligence ETF Stock Down 1.7 %

TCW Artificial Intelligence ETF stock opened at $24.81 on Friday. TCW Artificial Intelligence ETF has a 52-week low of $22.25 and a 52-week high of $31.84. The company has a market cap of $55.57 million and a P/E ratio of 33.14. The business has a 50-day simple moving average of $28.06 and a two-hundred day simple moving average of $28.32.

TCW Artificial Intelligence ETF Company Profile

The TCW Artificial Intelligence ETF (AIFD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global equity securities of companies focusing on and benefiting from artificial intelligence. It primarily selects growth companies and seeks long-term growth of capital.