Stegent Equity Advisors Inc. Reduces Position in Pacer US Cash Cows 100 ETF $COWZ

Stegent Equity Advisors Inc. trimmed its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZFree Report) by 7.5% during the second quarter, Holdings Channel reports. The fund owned 52,033 shares of the company’s stock after selling 4,221 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for 2.5% of Stegent Equity Advisors Inc.’s investment portfolio, making the stock its 11th largest holding. Stegent Equity Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,867,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Proffitt & Goodson Inc. purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the second quarter worth about $25,000. Costello Asset Management INC acquired a new position in Pacer US Cash Cows 100 ETF in the second quarter worth about $26,000. Brentview Investment Management LLC acquired a new position in Pacer US Cash Cows 100 ETF in the first quarter worth about $27,000. Flaharty Asset Management LLC acquired a new position in Pacer US Cash Cows 100 ETF in the first quarter worth about $31,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in Pacer US Cash Cows 100 ETF in the first quarter worth about $34,000.

Pacer US Cash Cows 100 ETF Stock Performance

BATS:COWZ opened at $58.00 on Friday. The company has a market capitalization of $21.89 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $46.64 and a one year high of $61.92. The stock has a 50-day simple moving average of $57.39 and a 200 day simple moving average of $55.34.

About Pacer US Cash Cows 100 ETF

(Free Report)

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.

Read More

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:COWZFree Report).

Institutional Ownership by Quarter for Pacer US Cash Cows 100 ETF (BATS:COWZ)

Receive News & Ratings for Pacer US Cash Cows 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer US Cash Cows 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.