Founders Financial Securities LLC Cuts Position in Pacer US Cash Cows 100 ETF $COWZ

Founders Financial Securities LLC decreased its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 23.3% in the 1st quarter, Holdings Channel reports. The firm owned 37,183 shares of the company’s stock after selling 11,267 shares during the quarter. Founders Financial Securities LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,311,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Motiv8 Investments LLC acquired a new position in Pacer US Cash Cows 100 ETF during the fourth quarter worth about $26,000. Field & Main Bank acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at approximately $27,000. Harbor Investment Advisory LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at approximately $29,000. Newbridge Financial Services Group Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 1,217.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock worth $29,000 after acquiring an additional 487 shares in the last quarter. Finally, Colonial Trust Co SC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 175.6% during the 4th quarter. Colonial Trust Co SC now owns 496 shares of the company’s stock worth $30,000 after acquiring an additional 316 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $61.80 on Monday. Pacer US Cash Cows 100 ETF has a 1-year low of $54.13 and a 1-year high of $65.64. The stock has a market cap of $23.32 billion, a P/E ratio of 14.17 and a beta of 0.95. The stock’s 50 day simple moving average is $63.34 and its 200 day simple moving average is $62.66.

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.