Bank of New York Mellon Corp Lowers Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Bank of New York Mellon Corp reduced its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 417,376 shares of the company’s stock after selling 4,904 shares during the period. Bank of New York Mellon Corp owned about 0.10% of Pacer US Cash Cows 100 ETF worth $23,573,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COWZ. DecisionPoint Financial LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $26,000. Human Investing LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $27,000. Bank of Jackson Hole Trust purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $37,000. Kestra Investment Management LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $41,000. Finally, Crews Bank & Trust purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $52,000.

Pacer US Cash Cows 100 ETF Stock Down 2.0 %

Shares of BATS COWZ opened at $56.22 on Monday. The firm has a fifty day moving average of $57.55 and a 200-day moving average of $57.91. Pacer US Cash Cows 100 ETF has a 52-week low of $53.03 and a 52-week high of $61.92. The stock has a market capitalization of $24.66 billion, a PE ratio of 13.11 and a beta of 1.03.

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.