Foundations Investment Advisors LLC Sells 592,918 Shares of Pacer US Cash Cows 100 ETF $COWZ

Foundations Investment Advisors LLC reduced its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 95.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 28,130 shares of the company’s stock after selling 592,918 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,617,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Soundwatch Capital LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 47,952.1% during the second quarter. Soundwatch Capital LLC now owns 2,539,074 shares of the company’s stock worth $139,903,000 after buying an additional 2,533,790 shares during the last quarter. Thrivent Financial for Lutherans acquired a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter valued at $36,853,000. Global Retirement Partners LLC bought a new stake in Pacer US Cash Cows 100 ETF in the 2nd quarter valued at $17,193,000. Great Valley Advisor Group Inc. grew its position in Pacer US Cash Cows 100 ETF by 104.6% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 527,287 shares of the company’s stock worth $29,053,000 after purchasing an additional 269,560 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF by 88.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 354,456 shares of the company’s stock worth $19,531,000 after purchasing an additional 165,950 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $62.25 on Friday. The company has a 50-day simple moving average of $61.04 and a 200-day simple moving average of $58.54. Pacer US Cash Cows 100 ETF has a 52 week low of $46.64 and a 52 week high of $61.92. The firm has a market capitalization of $23.49 billion, a P/E 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.