Procyon Advisors LLC Increases Holdings in TCW Transform Systems ETF (BATS:NETZ)

Procyon Advisors LLC grew its holdings in TCW Transform Systems ETF (BATS:NETZ) by 93.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 101,147 shares of the company’s stock after acquiring an additional 48,913 shares during the quarter. Procyon Advisors LLC owned about 0.06% of TCW Transform Systems ETF worth $7,340,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Napa Wealth Management raised its stake in TCW Transform Systems ETF by 3.1% during the 3rd quarter. Napa Wealth Management now owns 6,757 shares of the company’s stock worth $500,000 after acquiring an additional 200 shares in the last quarter. REDW Wealth LLC boosted its stake in TCW Transform Systems ETF by 33.4% in the third quarter. REDW Wealth LLC now owns 7,148 shares of the company’s stock valued at $528,000 after acquiring an additional 1,789 shares in the last quarter. Quotient Wealth Partners LLC grew its holdings in shares of TCW Transform Systems ETF by 32.5% during 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 during the last quarter. Bristlecone Advisors LLC increased its position in shares of TCW Transform Systems ETF by 58.8% during the third quarter. Bristlecone Advisors LLC now owns 9,887 shares of the company’s stock worth $731,000 after purchasing an additional 3,661 shares in the last quarter. Finally, Townsquare Capital LLC lifted its holdings in shares of TCW Transform Systems ETF by 2.6% in 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 during the last quarter.

TCW Transform Systems ETF Stock Up 0.9 %

BATS:NETZ opened at $78.52 on Friday. The stock has a market cap of $139.77 million, a P/E ratio of 25.16 and a beta of 0.92. The stock’s 50-day moving average price is $75.73 and its 200 day moving average price is $72.45.

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.