Optivise Advisory Services LLC Trims Stock Position in Pacer US Cash Cows 100 ETF $COWZ

Optivise Advisory Services LLC lessened its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 25.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,471 shares of the company’s stock after selling 1,870 shares during the quarter. Optivise Advisory Services LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $301,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in COWZ. AlphaCore Capital LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 1st quarter valued at approximately $37,685,000. SCS Capital Management LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 1st quarter valued at approximately $31,831,000. LPL Financial LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 2.6% during the 1st quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock valued at $1,162,523,000 after buying an additional 535,597 shares during the period. Jones Financial Companies Lllp raised its position in shares of Pacer US Cash Cows 100 ETF by 57.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock valued at $77,771,000 after buying an additional 522,242 shares during the period. Finally, Bleakley Financial Group LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 7,146.5% during the 1st quarter. Bleakley Financial Group LLC now owns 321,891 shares of the company’s stock valued at $17,627,000 after buying an additional 317,449 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $57.87 on Tuesday. 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 firm has a 50 day moving average price of $57.47 and a 200 day moving average price of $55.73. The company has a market capitalization of $21.84 billion, a PE 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.