Pacer US Cash Cows 100 ETF $COWZ Stake Lessened by NewEdge Advisors LLC

NewEdge Advisors LLC lowered its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 524,646 shares of the company’s stock after selling 9,163 shares during the quarter. NewEdge Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $32,633,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in COWZ. IFP Advisors Inc raised its position in Pacer US Cash Cows 100 ETF by 1.4% during the second quarter. IFP Advisors Inc now owns 121,969 shares of the company’s stock valued at $7,586,000 after buying an additional 1,649 shares during the period. Waverly Advisors LLC boosted its position in Pacer US Cash Cows 100 ETF by 25.3% during the 2nd quarter. Waverly Advisors LLC now owns 81,498 shares of the company’s stock worth $5,069,000 after acquiring an additional 16,463 shares during the period. Brown Lisle Cummings Inc. boosted its position in Pacer US Cash Cows 100 ETF by 1,108.0% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 1,812 shares of the company’s stock worth $113,000 after acquiring an additional 1,662 shares during the period. Ameritas Advisory Services LLC boosted its position in Pacer US Cash Cows 100 ETF by 449.5% during the 2nd quarter. Ameritas Advisory Services LLC now owns 134,888 shares of the company’s stock worth $8,390,000 after acquiring an additional 110,339 shares during the period. Finally, Aspire Capital Advisors LLC grew its stake in Pacer US Cash Cows 100 ETF by 2.0% during the 2nd quarter. Aspire Capital Advisors LLC now owns 89,043 shares of the company’s stock valued at $5,538,000 after acquiring an additional 1,717 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $69.50 on Thursday. The firm has a market cap of $26.23 billion, a PE ratio of 14.17 and a beta of 0.95. The firm’s 50 day moving average price is $68.11 and its two-hundred day moving average price is $64.89. Pacer US Cash Cows 100 ETF has a twelve month low of $55.62 and a twelve month high of $72.52.

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.