Bay Capital Advisors LLC Sells 21,632 Shares of Pacer US Cash Cows 100 ETF $COWZ

Bay Capital Advisors LLC lessened its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 70.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,993 shares of the company’s stock after selling 21,632 shares during the quarter. Bay Capital Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $517,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Hofer & Associates. Inc increased its holdings in shares of Pacer US Cash Cows 100 ETF by 1.9% in the third quarter. Hofer & Associates. Inc now owns 10,303 shares of the company’s stock worth $592,000 after buying an additional 197 shares during the period. HCR Wealth Advisors grew its position in Pacer US Cash Cows 100 ETF by 4.6% during the 2nd quarter. HCR Wealth Advisors now owns 4,681 shares of the company’s stock worth $258,000 after acquiring an additional 207 shares during the last quarter. S.A. Mason LLC increased its stake in Pacer US Cash Cows 100 ETF by 11.1% in the 2nd quarter. S.A. Mason LLC now owns 2,255 shares of the company’s stock worth $124,000 after purchasing an additional 225 shares during the period. M.E. Allison & CO. Inc. increased its stake in Pacer US Cash Cows 100 ETF by 4.8% in the 3rd quarter. M.E. Allison & CO. Inc. now owns 4,885 shares of the company’s stock worth $281,000 after purchasing an additional 225 shares during the period. Finally, HF Advisory Group LLC lifted its position in Pacer US Cash Cows 100 ETF by 0.9% in the second quarter. HF Advisory Group LLC now owns 25,739 shares of the company’s stock valued at $1,418,000 after purchasing an additional 231 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $60.20 on Friday. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $61.92. The stock has a market capitalization of $22.72 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The company’s 50 day moving average price is $59.44 and its 200-day moving average price is $57.63.

About Pacer US Cash Cows 100 ETF

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.