Valence8 US LP Purchases New Position in TCW Transform Systems ETF $PWRD

Valence8 US LP purchased a new stake in TCW Transform Systems ETF (NASDAQ:PWRD) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 164,850 shares of the technology company’s stock, valued at approximately $15,851,000. TCW Transform Systems ETF accounts for approximately 4.7% of Valence8 US LP’s portfolio, making the stock its 7th largest position.

Other hedge funds have also modified their holdings of the company. Key Capital Management INC acquired a new stake in TCW Transform Systems ETF during the 4th quarter worth approximately $30,000. Financially Speaking Inc acquired a new stake in TCW Transform Systems ETF during the 3rd quarter worth approximately $54,000. Triumph Capital Management acquired a new stake in TCW Transform Systems ETF during the 3rd quarter worth approximately $77,000. Osaic Holdings Inc. acquired a new stake in TCW Transform Systems ETF during the 2nd quarter worth approximately $112,000. Finally, WealthTrust Asset Management LLC acquired a new stake in TCW Transform Systems ETF during the 3rd quarter worth approximately $219,000. 52.75% of the stock is currently owned by institutional investors and hedge funds.

TCW Transform Systems ETF Stock Performance

Shares of PWRD stock opened at $113.29 on Thursday. The company has a market capitalization of $1.47 billion, a P/E ratio of 55.53 and a beta of 1.22. The company’s 50 day moving average price is $106.88 and its two-hundred day moving average price is $102.48. TCW Transform Systems ETF has a 52 week low of $81.58 and a 52 week high of $116.39.

TCW Transform Systems ETF Profile

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.