Sagespring Wealth Partners LLC Trims Holdings in Pacer US Cash Cows 100 ETF $COWZ

Sagespring Wealth Partners LLC reduced its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 31.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 40,464 shares of the company’s stock after selling 18,770 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,435,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Soundwatch Capital LLC increased its holdings in Pacer US Cash Cows 100 ETF by 47,952.1% in the 2nd quarter. Soundwatch Capital LLC now owns 2,539,074 shares of the company’s stock valued at $139,903,000 after purchasing an additional 2,533,790 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Pacer US Cash Cows 100 ETF by 5.6% during the third quarter. Sequoia Financial Advisors LLC now owns 1,797,735 shares of the company’s stock worth $103,316,000 after purchasing an additional 95,632 shares in the last quarter. Sfmg LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 3.3% during the second quarter. Sfmg LLC now owns 893,734 shares of the company’s stock worth $49,245,000 after buying an additional 28,504 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of Pacer US Cash Cows 100 ETF by 1,256.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock worth $51,139,000 after buying an additional 824,222 shares during the period. Finally, O Brien Wealth Partners LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 0.7% in the third quarter. O Brien Wealth Partners LLC now owns 833,162 shares of the company’s stock valued at $47,882,000 after buying an additional 5,497 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 0.8%

COWZ stock opened at $61.67 on Friday. The company has a market capitalization of $23.27 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $64.97. The business’s fifty day moving average price is $63.07 and its 200 day moving average price is $60.24.

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.