Pacer US Cash Cows 100 ETF $COWZ Stake Reduced by Belpointe Asset Management LLC

Belpointe Asset Management LLC lessened its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 20.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,860 shares of the company’s stock after selling 13,397 shares during the period. Belpointe Asset Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,802,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the first quarter worth $93,107,000. AlphaCore Capital LLC bought a new stake in Pacer US Cash Cows 100 ETF during the first quarter worth approximately $37,685,000. SCS Capital Management LLC acquired a new position in Pacer US Cash Cows 100 ETF during the 1st quarter worth $31,831,000. LPL Financial LLC grew its holdings in Pacer US Cash Cows 100 ETF by 2.6% in the 1st quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock valued at $1,162,523,000 after buying an additional 535,597 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in Pacer US Cash Cows 100 ETF by 57.5% during the first quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock worth $77,771,000 after acquiring an additional 522,242 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 0.9%

Shares of COWZ stock opened at $57.94 on Tuesday. 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 50 day moving average of $57.07 and a two-hundred day moving average of $54.92. The company has a market capitalization of $21.86 billion, a P/E ratio of 14.17 and a beta of 0.95.

Pacer US Cash Cows 100 ETF Company Profile

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.