Pacer US Cash Cows 100 ETF $COWZ Stock: Moneywise Inc. Trims Holdings

Moneywise Inc. cut its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 40.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,844 shares of the company’s stock after selling 22,969 shares during the quarter. Pacer US Cash Cows 100 ETF makes up approximately 2.1% of Moneywise Inc.’s portfolio, making the stock its 15th largest holding. Moneywise Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,259,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its stake in Pacer US Cash Cows 100 ETF by 1.3% during the 1st quarter. Sequoia Financial Advisors LLC now owns 1,824,648 shares of the company’s stock worth $114,150,000 after buying an additional 23,487 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 4.9% during the first quarter. Kestra Advisory Services LLC now owns 1,729,166 shares of the company’s stock valued at $108,177,000 after acquiring an additional 80,307 shares during the last quarter. Evensky & Katz LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the third quarter valued at approximately $57,327,000. D.A. Davidson & CO. purchased a new position in shares of Pacer US Cash Cows 100 ETF in the third quarter valued at approximately $43,215,000. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 1.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 595,665 shares of the company’s stock valued at $37,050,000 after acquiring an additional 8,616 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS:COWZ opened at $70.79 on Wednesday. The business’s 50 day moving average price is $69.86 and its 200-day moving average price is $65.52. The firm has a market capitalization of $26.72 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 1 year low of $56.84 and a 1 year high of $72.52.

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.