Schmidt P J Investment Management Inc. Lowers Holdings in Pacer US Cash Cows 100 ETF $COWZ

Schmidt P J Investment Management Inc. reduced its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 79.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,717 shares of the company’s stock after selling 46,036 shares during the period. Schmidt P J Investment Management Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $646,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Sachetta LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 3.4% in the first quarter. Sachetta LLC now owns 6,000 shares of the company’s stock worth $329,000 after acquiring an additional 200 shares during the last quarter. Assetmark Inc. grew its stake in shares of Pacer US Cash Cows 100 ETF by 7.4% in the first quarter. Assetmark Inc. now owns 2,942 shares of the company’s stock worth $161,000 after acquiring an additional 202 shares during the last quarter. HCR Wealth Advisors grew its stake in shares of Pacer US Cash Cows 100 ETF by 4.6% in the second quarter. HCR Wealth Advisors now owns 4,681 shares of the company’s stock worth $258,000 after acquiring an additional 207 shares during the last quarter. Flagship Wealth Advisors LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 7.4% in the first quarter. Flagship Wealth Advisors LLC now owns 3,250 shares of the company’s stock worth $178,000 after acquiring an additional 225 shares during the last quarter. Finally, S.A. Mason LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 11.1% in the second quarter. S.A. Mason LLC now owns 2,255 shares of the company’s stock worth $124,000 after acquiring an additional 225 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 1.1%

BATS COWZ opened at $58.00 on Monday. Pacer US Cash Cows 100 ETF has a 12 month low of $46.64 and a 12 month high of $61.92. The stock has a market cap of $21.89 billion, a P/E ratio of 14.17 and a beta of 0.95. The stock’s fifty day moving average price is $57.39 and its 200-day moving average price is $55.37.

About Pacer US Cash Cows 100 ETF

The Pacer US Cash Cows 100 ETF (COWZ) is an exchange-traded fund that is based on the Pacer US Cash Cows 100 index. The fund tracks a free cash flow-weighted index of companies selected from the Russell 1000 Index. COWZ was launched on Dec 16, 2016 and is managed by Pacer.