Short Interest in TCW Transform 500 ETF (BATS:VOTE) Decreases By 36.4%

TCW Transform 500 ETF (BATS:VOTE) saw a significant drop in short interest in August. As of August 15th, there was short interest totaling 16,800 shares, adropof36.4% from the July 31st total of 26,400 shares. Based on an average daily volume of 25,400 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 25,400 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. AdvisorNet Financial Inc raised its position in TCW Transform 500 ETF by 16.8% in the second quarter. AdvisorNet Financial Inc now owns 975 shares of the company’s stock worth $71,000 after acquiring an additional 140 shares during the period. Creative Planning raised its position in TCW Transform 500 ETF by 2.2% in the second quarter. Creative Planning now owns 12,515 shares of the company’s stock worth $910,000 after acquiring an additional 265 shares during the period. Tolleson Wealth Management Inc. raised its position in TCW Transform 500 ETF by 0.5% in the first quarter. Tolleson Wealth Management Inc. now owns 66,650 shares of the company’s stock worth $4,358,000 after acquiring an additional 300 shares during the period. Stifel Financial Corp raised its position in TCW Transform 500 ETF by 4.9% in the fourth quarter. Stifel Financial Corp now owns 8,876 shares of the company’s stock worth $611,000 after acquiring an additional 414 shares during the period. Finally, Rossby Financial LCC bought a new stake in TCW Transform 500 ETF in the first quarter worth about $32,000.

TCW Transform 500 ETF Price Performance

VOTE opened at $76.15 on Friday. The firm’s fifty day moving average price is $74.56 and its 200-day moving average price is $69.62. The company has a market capitalization of $854.41 million, a price-to-earnings ratio of 25.32 and a beta of 1.02.

About TCW Transform 500 ETF

The Engine No. 1 Transform 500 ETF (VOTE) is an exchange-traded fund that is based on the Morningstar US Large Cap Select index. The ETF currently has 410.2m in AUM and 505 holdings. VOTE tracks a market-cap-weighted index consisting of large-cap US stocks VOTE was launched on Jun 22, 2021 and is managed by Engine No.