Prota Financial LLC Sells 45,644 Shares of Pacer US Cash Cows 100 ETF $COWZ

Prota Financial LLC reduced its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 33.9% during the second quarter, Holdings Channel.com reports. The firm owned 88,973 shares of the company’s stock after selling 45,644 shares during the period. Pacer US Cash Cows 100 ETF accounts for about 3.7% of Prota Financial LLC’s portfolio, making the stock its 11th largest position. Prota Financial LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $5,585,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COWZ. Sequoia Financial Advisors LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF by 1.3% in the first quarter. Sequoia Financial Advisors LLC now owns 1,824,648 shares of the company’s stock worth $114,150,000 after purchasing an additional 23,487 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in Pacer US Cash Cows 100 ETF by 4.9% during the 1st quarter. Kestra Advisory Services LLC now owns 1,729,166 shares of the company’s stock valued at $108,177,000 after buying an additional 80,307 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in Pacer US Cash Cows 100 ETF by 4.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 990,986 shares of the company’s stock valued at $59,628,000 after buying an additional 38,779 shares during the last quarter. Sfmg LLC boosted its position in Pacer US Cash Cows 100 ETF by 2.9% during the 4th quarter. Sfmg LLC now owns 950,367 shares of the company’s stock valued at $57,184,000 after buying an additional 26,453 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its position in Pacer US Cash Cows 100 ETF by 0.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 898,123 shares of the company’s stock valued at $54,040,000 after buying an additional 8,284 shares during the period.

Pacer US Cash Cows 100 ETF Stock Up 1.3%

Shares of Pacer US Cash Cows 100 ETF stock opened at $68.17 on Wednesday. The firm has a market cap of $25.73 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12-month low of $55.02 and a 12-month high of $68.58. The company’s fifty day simple moving average is $64.20 and its two-hundred day simple moving average is $63.42.

Pacer US Cash Cows 100 ETF 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.