LPL Financial LLC Has $1.13 Billion Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

LPL Financial LLC lowered its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 8.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 18,708,533 shares of the company’s stock after selling 1,746,181 shares during the period. LPL Financial LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,125,692,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Field & Main Bank acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth $27,000. Harbor Investment Advisory LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth $29,000. Newbridge Financial Services Group Inc. raised its holdings 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 buying an additional 487 shares in the last quarter. First Horizon Corp raised its holdings in shares of Pacer US Cash Cows 100 ETF by 337.0% during the 4th quarter. First Horizon Corp now owns 603 shares of the company’s stock worth $36,000 after buying an additional 465 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 50.2% during the 3rd quarter. Larson Financial Group LLC now owns 604 shares of the company’s stock worth $35,000 after buying an additional 202 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $63.91 on Monday. Pacer US Cash Cows 100 ETF has a 52 week low of $54.13 and a 52 week high of $65.64. The stock has a market capitalization of $24.12 billion, a P/E ratio of 14.17 and a beta of 0.95. The stock has a fifty day moving average of $63.18 and a 200-day moving average of $62.34.

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.