Townsquare Capital LLC Grows Position in TCW Transform Systems ETF (BATS:NETZ)

Townsquare Capital LLC lifted its holdings in shares of TCW Transform Systems ETF (BATS:NETZ) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,643 shares of the company’s stock after purchasing an additional 345 shares during the quarter. Townsquare Capital LLC’s holdings in TCW Transform Systems ETF were worth $1,009,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Albion Financial Group UT increased its holdings in shares of TCW Transform Systems ETF by 0.6% in the 2nd quarter. Albion Financial Group UT now owns 36,404 shares of the company’s stock worth $2,483,000 after buying an additional 223 shares during the last quarter. Portside Wealth Group LLC increased its stake in TCW Transform Systems ETF by 36.0% in the second quarter. Portside Wealth Group LLC now owns 12,875 shares of the company’s stock valued at $878,000 after acquiring an additional 3,410 shares during the last quarter. Avalon Capital Management raised its position in TCW Transform Systems ETF by 5.3% during the second quarter. Avalon Capital Management now owns 45,181 shares of the company’s stock valued at $3,082,000 after purchasing an additional 2,287 shares in the last quarter. Bristlecone Advisors LLC lifted its stake in TCW Transform Systems ETF by 3.6% during the second quarter. Bristlecone Advisors LLC now owns 6,226 shares of the company’s stock worth $425,000 after purchasing an additional 218 shares during the last quarter. Finally, Trademark Financial Management LLC purchased a new position in shares of TCW Transform Systems ETF in the 2nd quarter worth about $350,000.

TCW Transform Systems ETF Trading Down 0.4 %

Shares of BATS NETZ opened at $77.38 on Tuesday. The firm’s fifty day moving average price is $75.21 and its 200-day moving average price is $71.24. The stock has a market cap of $137.74 million, a PE ratio of 25.16 and a beta of 0.92.

TCW Transform Systems ETF 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.