TCW Artificial Intelligence ETF (NYSEARCA:AIFD) Trading Down 0.2% – Here’s Why

TCW Artificial Intelligence ETF (NYSEARCA:AIFD) dropped 0.2% during mid-day trading on Monday . The stock traded as low as $29.57 and last traded at $29.78. Approximately 11,239 shares were traded during trading, a decline of 47% from the average daily volume of 21,211 shares. The stock had previously closed at $29.85.

TCW Artificial Intelligence ETF Stock Performance

The firm’s 50 day moving average is $30.13 and its 200-day moving average is $28.21.

Institutional Trading of TCW Artificial Intelligence ETF

Several large investors have recently bought and sold shares of AIFD. Jane Street Group LLC grew its stake in TCW Artificial Intelligence ETF by 429.5% during the 4th quarter. Jane Street Group LLC now owns 40,048 shares of the company’s stock valued at $1,173,000 after acquiring an additional 32,485 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of TCW Artificial Intelligence ETF in the 4th quarter valued at approximately $917,000. FMR LLC purchased a new stake in shares of TCW Artificial Intelligence ETF in the 3rd quarter valued at approximately $37,000. Commonwealth Equity Services LLC grew its stake in shares of TCW Artificial Intelligence ETF by 2.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 50,249 shares of the company’s stock valued at $1,472,000 after buying an additional 1,086 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of TCW Artificial Intelligence ETF by 8.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 14,419 shares of the company’s stock valued at $422,000 after buying an additional 1,066 shares during the period.