BlueChip Wealth Advisors LLC Sells 15,871 Shares of Pacer US Cash Cows 100 ETF $COWZ

BlueChip Wealth Advisors LLC cut its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 43.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,883 shares of the company’s stock after selling 15,871 shares during the period. BlueChip Wealth Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,288,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Motiv8 Investments LLC acquired a new position in Pacer US Cash Cows 100 ETF during the 4th quarter valued at about $26,000. Field & Main Bank purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter worth approximately $27,000. Harbor Investment Advisory LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter worth approximately $29,000. Colonial Trust Co SC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 175.6% in the fourth quarter. Colonial Trust Co SC now owns 496 shares of the company’s stock valued at $30,000 after purchasing an additional 316 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 1,217.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after purchasing an additional 487 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 1.1%

Shares of BATS:COWZ opened at $63.83 on Wednesday. The stock has a market cap of $24.09 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12-month low of $54.82 and a 12-month high of $65.64. The business’s 50 day moving average is $63.51 and its 200 day moving average is $62.94.

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.