Mutual Advisors LLC acquired a new stake in shares of TCW Artificial Intelligence ETF (NYSEARCA:AIFD – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 8,290 shares of the company’s stock, valued at approximately $263,000. Mutual Advisors LLC owned 0.40% of TCW Artificial Intelligence ETF at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the stock. Aurora Private Wealth Inc. increased its stake in shares of TCW Artificial Intelligence ETF by 2,036.5% during the first quarter. Aurora Private Wealth Inc. now owns 444,779 shares of the company’s stock valued at $10,635,000 after acquiring an additional 423,961 shares during the period. Envestnet Asset Management Inc. grew its position in TCW Artificial Intelligence ETF by 9.9% in the first quarter. Envestnet Asset Management Inc. now owns 15,845 shares of the company’s stock worth $379,000 after buying an additional 1,426 shares during the last quarter. Fifth Third Securities Inc. acquired a new position in TCW Artificial Intelligence ETF in the second quarter worth approximately $212,000. Finally, Parallel Advisors LLC acquired a new position in TCW Artificial Intelligence ETF in the second quarter worth approximately $206,000.
TCW Artificial Intelligence ETF Stock Performance
TCW Artificial Intelligence ETF stock opened at $36.34 on Wednesday. The firm has a market cap of $82.13 million and a price-to-earnings ratio of 42.59. TCW Artificial Intelligence ETF has a 1 year low of $20.00 and a 1 year high of $37.08. The firm’s 50 day moving average price is $34.31 and its two-hundred day moving average price is $30.28.
TCW Artificial Intelligence ETF Company Profile
The TCW Artificial Intelligence ETF (AIFD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global equity securities of companies focusing on and benefiting from artificial intelligence. It primarily selects growth companies and seeks long-term growth of capital.
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