Mercer Global Advisors Inc. ADV Trims Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Mercer Global Advisors Inc. ADV trimmed its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 16.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 311,022 shares of the company’s stock after selling 60,102 shares during the quarter. Mercer Global Advisors Inc. ADV owned about 0.08% of Pacer US Cash Cows 100 ETF worth $16,948,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of COWZ. Rocky Mountain Advisers LLC purchased a new position in Pacer US Cash Cows 100 ETF during the first quarter worth about $26,000. American Capital Advisory LLC acquired a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter worth approximately $26,000. GoalVest Advisory LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter worth approximately $29,000. Central Bank & Trust Co. acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at approximately $31,000. Finally, Strategic Financial Concepts LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 260.8% in the second quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock valued at $32,000 after buying an additional 42,367 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 0.1 %

Shares of BATS COWZ opened at $57.03 on Thursday. The stock has a market cap of $23.46 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The stock’s 50 day moving average is $56.05 and its two-hundred day moving average is $55.70.

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.