Capital Asset Advisory Services LLC Trims Holdings in Pacer US Cash Cows 100 ETF $COWZ

Capital Asset Advisory Services LLC cut its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 950,031 shares of the company’s stock after selling 25,813 shares during the period. Pacer US Cash Cows 100 ETF accounts for about 2.1% of Capital Asset Advisory Services LLC’s portfolio, making the stock its 9th biggest position. Capital Asset Advisory Services LLC owned about 0.25% of Pacer US Cash Cows 100 ETF worth $60,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Motiv8 Investments LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 4th quarter worth approximately $26,000. Field & Main Bank bought a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter worth $27,000. Harbor Investment Advisory LLC purchased a new position in Pacer US Cash Cows 100 ETF during the fourth quarter worth $29,000. Newbridge Financial Services Group Inc. boosted its stake in Pacer US Cash Cows 100 ETF by 1,217.5% during the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock worth $29,000 after buying an additional 487 shares during the period. Finally, Colonial Trust Co SC increased its position in Pacer US Cash Cows 100 ETF by 175.6% during the fourth quarter. Colonial Trust Co SC now owns 496 shares of the company’s stock valued at $30,000 after acquiring an additional 316 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 0.9%

Shares of COWZ opened at $62.77 on Thursday. Pacer US Cash Cows 100 ETF has a twelve month low of $54.82 and a twelve month high of $65.64. The company has a market cap of $23.69 billion, a P/E ratio of 14.17 and a beta of 0.95. The company’s fifty day simple moving average is $63.33 and its 200-day simple moving average is $62.76.

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.