Pacer Advisors Inc. Has $17.37 Million Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Pacer Advisors Inc. trimmed its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 318,686 shares of the company’s stock after selling 33,844 shares during the quarter. Pacer Advisors Inc. owned approximately 0.08% of Pacer US Cash Cows 100 ETF worth $17,365,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in COWZ. Brio Consultants LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 0.5% during the fourth quarter. Brio Consultants LLC now owns 516,856 shares of the company’s stock valued at $26,871,000 after purchasing an additional 2,398 shares in the last quarter. Aveo Capital Partners LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the fourth quarter valued at about $2,454,000. Rollins Financial boosted its stake in shares of Pacer US Cash Cows 100 ETF by 9.1% during the fourth quarter. Rollins Financial now owns 27,475 shares of the company’s stock valued at $1,428,000 after purchasing an additional 2,301 shares in the last quarter. Brown Advisory Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 5.5% during the fourth quarter. Brown Advisory Inc. now owns 9,718 shares of the company’s stock valued at $505,000 after purchasing an additional 504 shares in the last quarter. Finally, Trexquant Investment LP acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the fourth quarter valued at about $636,000.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $57.37 on Monday. The business has a 50 day moving average of $56.22 and a 200 day moving average of $55.77. The firm has a market capitalization of $23.60 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.