TCW: TCW Artificial Intelligence ETF (NYSEARCA:AIFD) Trading Down 3.6% - Here's What Happened

TCW Artificial Intelligence ETF ( NYSEARCA:AIFD - Get Free Report ) shares traded down 3.6% on Monday . The stock traded as low as $21.42 and last traded at $21.65. 22,933 shares changed hands during trading, an increase of 56% from the average session volume of 14,717 shares. The stock had previously closed at $22.46. TCW Artificial Intelligence ETF Stock Down 3.6 % The stock's fifty day moving average price is $25.23 and its 200-day moving average price is $27.89. The company has a market capitalization of $47.20 million and a price-to-earnings ratio of 29.42. Hedge Funds Weigh In On TCW Artificial Intelligence ETF Hedge funds have recently modified their holdings of the stock. FMR LLC acquired a new position in TCW Artificial Intelligence ETF during the third quarter valued at approximately $37,000. Envestnet Asset Management Inc. increased its holdings in TCW Artificial Intelligence ETF by 8.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 14,419 shares of the company's stock worth $422,000 after buying an additional 1,066 shares during the last quarter. HighTower Advisors LLC bought a new stake in TCW Artificial Intelligence ETF during the fourth quarter worth $917,000. Jane Street Group LLC lifted its stake in TCW Artificial Intelligence ETF by 429.5% in the fourth quarter. Jane Street Group LLC now owns 40,048 shares of the company's stock valued at $1,173,000 after acquiring an additional 32,485 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of TCW Artificial Intelligence ETF by 2.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 50,249 shares of the company's stock valued at $1,472,000 after acquiring an additional 1,086 shares during the period. 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. Featured Articles Five stocks we like better than TCW Artificial Intelligence ETF Which Wall Street Analysts are the Most Accurate? AST SpaceMobile: 5 Reasons to Buy This Tiny Trailblazer Stock Should You Add These Warren Buffett Stocks to Your Portfolio? Why Call Option Traders Are Targeting This Dividend ETF Now How to Buy Cheap Stocks Step by Step Is Alphabet Misunderstood? Here's Why the Bulls Are Buying Receive News & Ratings for TCW Artificial Intelligence ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TCW Artificial Intelligence ETF and related companies with MarketBeat.com's FREE daily email newsletter .