Principle Wealth Partners LLC Purchases 33,767 Shares of TCW Transform Systems ETF $PWRD

Principle Wealth Partners LLC raised its position in shares of TCW Transform Systems ETF (NASDAQ:PWRD) by 237.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,977 shares of the technology company’s stock after acquiring an additional 33,767 shares during the period. Principle Wealth Partners LLC’s holdings in TCW Transform Systems ETF were worth $4,613,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in PWRD. Orion Porfolio Solutions LLC boosted its stake in shares of TCW Transform Systems ETF by 198.6% in the third quarter. Orion Porfolio Solutions LLC now owns 31,982 shares of the technology company’s stock valued at $3,124,000 after buying an additional 21,272 shares during the period. WJ Wealth Management LLC bought a new stake in shares of TCW Transform Systems ETF in the third quarter valued at approximately $7,259,000. Quotient Wealth Partners LLC boosted its stake in shares of TCW Transform Systems ETF by 4,251.4% in the fourth quarter. Quotient Wealth Partners LLC now owns 661,587 shares of the technology company’s stock valued at $63,615,000 after buying an additional 646,383 shares during the period. DecisionMap Wealth Management LLC bought a new stake in shares of TCW Transform Systems ETF in the fourth quarter valued at approximately $1,359,000. Finally, Dakota Wealth Management bought a new stake in shares of TCW Transform Systems ETF in the fourth quarter valued at approximately $1,241,000. Institutional investors own 52.75% of the company’s stock.

TCW Transform Systems ETF Trading Up 1.0%

Shares of PWRD stock opened at $111.74 on Friday. The stock has a market cap of $1.45 billion, a P/E ratio of 54.77 and a beta of 1.22. The stock has a 50 day simple moving average of $106.17 and a 200 day simple moving average of $102.23. TCW Transform Systems ETF has a 1 year low of $79.62 and a 1 year high of $116.39.

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.