Bellevue Asset Management LLC Acquires Shares of 19,133 TCW Transform Systems ETF (BATS:NETZ)

Bellevue Asset Management LLC purchased a new position in shares of TCW Transform Systems ETF (BATS:NETZ) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 19,133 shares of the company’s stock, valued at approximately $1,086,000. TCW Transform Systems ETF accounts for approximately 0.7% of Bellevue Asset Management LLC’s investment portfolio, making the stock its 24th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in NETZ. Albion Financial Group UT raised its stake in shares of TCW Transform Systems ETF by 1.5% during the 4th quarter. Albion Financial Group UT now owns 33,938 shares of the company’s stock worth $1,926,000 after buying an additional 507 shares in the last quarter. Portside Wealth Group LLC raised its position in TCW Transform Systems ETF by 6.5% in the fourth quarter. Portside Wealth Group LLC now owns 9,280 shares of the company’s stock worth $527,000 after acquiring an additional 563 shares in the last quarter. Cyndeo Wealth Partners LLC acquired a new stake in TCW Transform Systems ETF in the fourth quarter valued at $1,245,000. Signify Wealth boosted its position in shares of TCW Transform Systems ETF by 54.5% during the 4th quarter. Signify Wealth now owns 72,325 shares of the company’s stock worth $4,104,000 after purchasing an additional 25,498 shares in the last quarter. Finally, Avalon Capital Management acquired a new position in shares of TCW Transform Systems ETF during the 4th quarter worth $2,446,000.

TCW Transform Systems ETF Stock Up 1.3 %

NETZ traded up $0.91 on Friday, hitting $68.49. 15,663 shares of the company were exchanged. The firm has a market capitalization of $124.65 million, a price-to-earnings ratio of 24.51 and a beta of 1.19. The business has a fifty day moving average price of $66.90 and a two-hundred day moving average price of $59.61.

TCW Transform Systems ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, March 20th. Shareholders of record on Tuesday, March 19th were given a dividend of $0.0439 per share. The ex-dividend date of this dividend was Monday, March 18th.

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.