Pacer US Cash Cows 100 ETF $COWZ Shares Sold by BCS Wealth Management

BCS Wealth Management cut its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 50.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 76,580 shares of the company’s stock after selling 77,512 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 1.0% of BCS Wealth Management’s investment portfolio, making the stock its 29th biggest holding. BCS Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $4,791,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. First Trust Advisors LP purchased a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter worth approximately $268,000. Qube Research & Technologies Ltd boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 8.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 114,231 shares of the company’s stock valued at $6,294,000 after acquiring an additional 8,807 shares during the last quarter. NCM Capital Management LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 2.4% in the 2nd quarter. NCM Capital Management LLC now owns 41,532 shares of the company’s stock valued at $2,291,000 after acquiring an additional 954 shares during the last quarter. Ausdal Financial Partners Inc. boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 302,611 shares of the company’s stock valued at $16,674,000 after acquiring an additional 22,578 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 1.1% in the second quarter. Benjamin Edwards Inc. now owns 69,713 shares of the company’s stock worth $3,841,000 after acquiring an additional 792 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $61.84 on Wednesday. The firm has a fifty day moving average price of $63.33 and a 200 day moving average price of $62.68. Pacer US Cash Cows 100 ETF has a 1 year low of $54.24 and a 1 year high of $65.64. The stock has a market cap of $23.34 billion, a PE ratio of 14.17 and a beta of 0.95.

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.