TCW Transform Systems ETF (BATS:NETZ) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its holdings in shares of TCW Transform Systems ETF (BATS:NETZ) by 61.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,225 shares of the company’s stock after buying an additional 35,859 shares during the period. JPMorgan Chase & Co. owned about 0.05% of TCW Transform Systems ETF worth $6,966,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Napa Wealth Management increased its position in shares of TCW Transform Systems ETF by 3.1% during the third quarter. Napa Wealth Management now owns 6,757 shares of the company’s stock worth $500,000 after acquiring an additional 200 shares during the last quarter. REDW Wealth LLC raised its holdings in shares of TCW Transform Systems ETF by 33.4% during the third quarter. REDW Wealth LLC now owns 7,148 shares of the company’s stock valued at $528,000 after buying an additional 1,789 shares during the last quarter. Quotient Wealth Partners LLC grew its stake in shares of TCW Transform Systems ETF by 32.5% in the third quarter. Quotient Wealth Partners LLC now owns 8,417 shares of the company’s stock worth $622,000 after purchasing an additional 2,065 shares in the last quarter. Bristlecone Advisors LLC increased its stake in TCW Transform Systems ETF by 58.8% during the 3rd quarter. Bristlecone Advisors LLC now owns 9,887 shares of the company’s stock valued at $731,000 after buying an additional 3,661 shares during the period. Finally, Townsquare Capital LLC boosted its stake in TCW Transform Systems ETF by 2.6% during the 3rd quarter. Townsquare Capital LLC now owns 13,643 shares of the company’s stock valued at $1,009,000 after purchasing an additional 345 shares in the last quarter.

TCW Transform Systems ETF Stock Performance

BATS:NETZ opened at $77.82 on Thursday. The firm’s fifty day simple moving average is $75.71 and its 200-day simple moving average is $72.42. The company has a market cap of $138.52 million, a price-to-earnings ratio of 25.16 and a beta of 0.92.

TCW Transform Systems ETF Company Profile

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.