Napa Wealth Management Increases Position in TCW Transform Systems ETF (BATS:NETZ)

Napa Wealth Management lifted its position in TCW Transform Systems ETF (BATS:NETZ) by 3.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,757 shares of the company’s stock after acquiring an additional 200 shares during the period. Napa Wealth Management owned 0.38% of TCW Transform Systems ETF worth $500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Unique Wealth LLC purchased a new stake in TCW Transform Systems ETF during the 3rd quarter valued at about $2,406,000. MGO One Seven LLC acquired a new position in TCW Transform Systems ETF in the 2nd quarter worth approximately $1,211,000. Avalon Capital Management increased its holdings in TCW Transform Systems ETF by 5.3% in the 2nd quarter. Avalon Capital Management now owns 45,181 shares of the company’s stock worth $3,082,000 after buying an additional 2,287 shares during the period. Trademark Financial Management LLC purchased a new position in TCW Transform Systems ETF during the 2nd quarter worth approximately $350,000. Finally, Bristlecone Advisors LLC lifted its stake in TCW Transform Systems ETF by 58.8% during the 3rd quarter. Bristlecone Advisors LLC now owns 9,887 shares of the company’s stock valued at $731,000 after acquiring an additional 3,661 shares during the period.

TCW Transform Systems ETF Price Performance

NETZ stock opened at $74.92 on Monday. The company has a 50 day simple moving average of $73.69 and a two-hundred day simple moving average of $70.65. The stock has a market cap of $133.36 million, a P/E ratio of 25.16 and a beta of 0.92.

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.