Centric Wealth Management Cuts Stock Position in Pacer US Cash Cows 100 ETF $COWZ

Centric Wealth Management trimmed its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 85.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 18,627 shares of the company’s stock after selling 108,076 shares during the period. Centric Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $1,035,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Assetmark Inc. raised its stake in Pacer US Cash Cows 100 ETF by 7.4% during the 1st quarter. Assetmark Inc. now owns 2,942 shares of the company’s stock valued at $161,000 after purchasing an additional 202 shares during the period. HCR Wealth Advisors grew its holdings in Pacer US Cash Cows 100 ETF by 4.6% during the 2nd quarter. HCR Wealth Advisors now owns 4,681 shares of the company’s stock valued at $258,000 after buying an additional 207 shares in the last quarter. Flagship Wealth Advisors LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 7.4% during the first quarter. Flagship Wealth Advisors LLC now owns 3,250 shares of the company’s stock valued at $178,000 after buying an additional 225 shares during the last quarter. S.A. Mason LLC lifted its holdings 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 buying an additional 225 shares in the last quarter. Finally, HF Advisory Group LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 0.9% in the second quarter. HF Advisory Group LLC now owns 25,739 shares of the company’s stock worth $1,418,000 after buying an additional 231 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS COWZ opened at $58.03 on Friday. The company has a market cap of $21.90 billion, a P/E ratio of 14.17 and a beta of 0.95. The firm’s fifty day moving average is $57.56 and its two-hundred day moving average is $56.35. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $61.92.

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.