Pacer US Cash Cows 100 ETF $COWZ Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp reduced its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 35.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 136,940 shares of the company’s stock after selling 75,527 shares during the quarter. Fifth Third Bancorp’s holdings in Pacer US Cash Cows 100 ETF were worth $7,545,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. RTD Financial Advisors Inc. increased its stake in Pacer US Cash Cows 100 ETF by 7.8% in the 2nd quarter. RTD Financial Advisors Inc. now owns 9,812 shares of the company’s stock valued at $541,000 after buying an additional 712 shares during the period. Financial Partners Group Inc grew its stake in shares of Pacer US Cash Cows 100 ETF by 0.8% during the 2nd quarter. Financial Partners Group Inc now owns 258,125 shares of the company’s stock worth $14,223,000 after purchasing an additional 1,939 shares during the period. Revisor Wealth Management LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 13.6% during the 2nd quarter. Revisor Wealth Management LLC now owns 7,615 shares of the company’s stock worth $434,000 after purchasing an additional 910 shares during the period. Hofer & Associates. Inc grew its stake in shares of Pacer US Cash Cows 100 ETF by 8.8% during the 2nd quarter. Hofer & Associates. Inc now owns 10,106 shares of the company’s stock worth $557,000 after purchasing an additional 816 shares during the period. Finally, Optima Capital LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 9.4% during the 2nd quarter. Optima Capital LLC now owns 5,322 shares of the company’s stock worth $293,000 after purchasing an additional 456 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 0.8%

BATS:COWZ opened at $56.95 on Friday. Pacer US Cash Cows 100 ETF has a fifty-two week low of $46.64 and a fifty-two week high of $61.92. The stock has a market cap of $21.49 billion, a PE ratio of 14.17 and a beta of 0.95. The firm’s fifty day simple moving average is $56.94 and its 200-day simple moving average is $54.79.

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.