TCW Artificial Intelligence ETF (NASDAQ:AIFD) Stock Price Breaks Below Two Hundred Day Moving Average – Time to Sell?

TCW Artificial Intelligence ETF (NASDAQ:AIFD) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $47.63 and traded as low as $46.50. TCW Artificial Intelligence ETF shares last traded at $47.25, with a volume of 13,688 shares traded.

TCW Artificial Intelligence ETF Trading Down 5.8%

The stock has a market cap of $124.74 million, a PE ratio of 42.59 and a beta of 1.75. The company has a fifty day moving average of $52.13 and a 200-day moving average of $47.63.

Institutional Investors Weigh In On TCW Artificial Intelligence ETF

Large investors have recently modified their holdings of the company. Revisor Wealth Management LLC increased its holdings in shares of TCW Artificial Intelligence ETF by 7.2% in the 3rd quarter. Revisor Wealth Management LLC now owns 5,956 shares of the company’s stock valued at $307,000 after acquiring an additional 398 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its stake in TCW Artificial Intelligence ETF by 16.2% during the third quarter. Cyndeo Wealth Partners LLC now owns 5,046 shares of the company’s stock worth $273,000 after purchasing an additional 705 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in TCW Artificial Intelligence ETF by 15.6% during the second quarter. Envestnet Asset Management Inc. now owns 19,300 shares of the company’s stock worth $1,070,000 after purchasing an additional 2,607 shares during the last quarter. Citadel Advisors LLC lifted its stake in TCW Artificial Intelligence ETF by 42.2% during the second quarter. Citadel Advisors LLC now owns 9,805 shares of the company’s stock worth $544,000 after purchasing an additional 2,909 shares during the last quarter. Finally, GK Wealth Management LLC purchased a new stake in TCW Artificial Intelligence ETF during the second quarter worth approximately $437,000.

About TCW Artificial Intelligence ETF

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. AIFD was launched on May 6, 2024 and is issued by TCW.