Founders Financial Securities LLC Sells 14,194 Shares of Pacer US Cash Cows 100 ETF $COWZ

Founders Financial Securities LLC lowered its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 22.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 48,450 shares of the company’s stock after selling 14,194 shares during the period. Founders Financial Securities LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,915,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. L & S Advisors Inc boosted its holdings in Pacer US Cash Cows 100 ETF by 2.8% in the fourth quarter. L & S Advisors Inc now owns 6,110 shares of the company’s stock worth $368,000 after acquiring an additional 169 shares in the last quarter. Hofer & Associates. Inc boosted its holdings in Pacer US Cash Cows 100 ETF by 1.7% in the fourth quarter. Hofer & Associates. Inc now owns 10,474 shares of the company’s stock worth $630,000 after acquiring an additional 171 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its holdings in Pacer US Cash Cows 100 ETF by 24.6% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 880 shares of the company’s stock worth $53,000 after acquiring an additional 174 shares in the last quarter. Assetmark Inc. boosted its holdings in Pacer US Cash Cows 100 ETF by 5.3% in the third quarter. Assetmark Inc. now owns 3,455 shares of the company’s stock worth $199,000 after acquiring an additional 175 shares in the last quarter. Finally, Capital Investment Advisory Services LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 0.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 44,019 shares of the company’s stock worth $2,649,000 after acquiring an additional 177 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS:COWZ opened at $64.97 on Friday. The business’s 50 day simple moving average is $62.90 and its two-hundred day simple moving average is $62.09. The firm has a market cap of $24.52 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 52-week low of $53.07 and a 52-week high of $65.25.

Pacer US Cash Cows 100 ETF Company 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.