Moneywise Inc. cut its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 14.8% in the 4th quarter, Holdings Channel reports. The firm owned 179,303 shares of the company’s stock after selling 31,167 shares during the quarter. Pacer US Cash Cows 100 ETF comprises approximately 5.1% of Moneywise Inc.’s holdings, making the stock its 8th biggest position. Moneywise Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $10,127,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in COWZ. Blue Trust Inc. acquired a new position in shares of Pacer US Cash Cows 100 ETF during the third quarter worth approximately $45,000. Crews Bank & Trust acquired a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth approximately $52,000. Investors Research Corp boosted its position in shares of Pacer US Cash Cows 100 ETF by 498.8% during the third quarter. Investors Research Corp now owns 1,006 shares of the company’s stock worth $58,000 after buying an additional 838 shares during the period. Key Financial Inc boosted its position in shares of Pacer US Cash Cows 100 ETF by 56.7% during the third quarter. Key Financial Inc now owns 1,133 shares of the company’s stock worth $66,000 after buying an additional 410 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Pacer US Cash Cows 100 ETF by 17.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after buying an additional 207 shares during the period.
Pacer US Cash Cows 100 ETF Stock Performance
Shares of BATS COWZ opened at $58.14 on Thursday. The business’s 50-day simple moving average is $58.38 and its 200 day simple moving average is $57.66. The firm has a market capitalization of $23.92 billion, a P/E ratio of 8.66 and a beta of 0.79.
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.
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Want to see what other hedge funds are holding COWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report).
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