DAVENPORT & Co LLC Sells 13,140 Shares of Pacer US Cash Cows 100 ETF $COWZ

DAVENPORT & Co LLC lowered its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.6% during the 4th quarter, HoldingsChannel reports. The fund owned 160,404 shares of the company’s stock after selling 13,140 shares during the period. DAVENPORT & Co LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $9,652,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in COWZ. Assetmark Inc. grew its holdings in Pacer US Cash Cows 100 ETF by 5.3% during the 3rd quarter. Assetmark Inc. now owns 3,455 shares of the company’s stock valued at $199,000 after purchasing an additional 175 shares during the last quarter. Newbridge Financial Services Group Inc. raised its position in Pacer US Cash Cows 100 ETF by 34.0% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 706 shares of the company’s stock worth $41,000 after purchasing an additional 179 shares during the period. Hofer & Associates. Inc lifted its stake in 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 purchasing an additional 197 shares during the last quarter. Modera Wealth Management LLC lifted its stake in Pacer US Cash Cows 100 ETF by 3.6% in the third quarter. Modera Wealth Management LLC now owns 5,652 shares of the company’s stock worth $325,000 after purchasing an additional 199 shares during the last quarter. Finally, Richardson Capital Management LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 3.5% during the third quarter. Richardson Capital Management LLC now owns 5,837 shares of the company’s stock valued at $335,000 after buying an additional 200 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ opened at $62.36 on Thursday. The stock has a market cap of $23.53 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The stock’s 50 day moving average price is $63.09 and its 200-day moving average price is $60.33. Pacer US Cash Cows 100 ETF has a one year low of $46.64 and a one year high of $64.97.

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.