Pacer US Cash Cows 100 ETF $COWZ Shares Sold by Firestone Capital Management

Firestone Capital Management cut its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,775 shares of the company’s stock after selling 1,022 shares during the quarter. Firestone Capital Management’s holdings in Pacer US Cash Cows 100 ETF were worth $2,963,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in COWZ. Assetmark Inc. increased its position in Pacer US Cash Cows 100 ETF by 7.4% during the first quarter. Assetmark Inc. now owns 2,942 shares of the company’s stock worth $161,000 after purchasing an additional 202 shares during the last quarter. Bare Financial Services Inc acquired a new position in Pacer US Cash Cows 100 ETF in the 1st quarter valued at about $95,000. PNC Financial Services Group Inc. grew its stake in shares of Pacer US Cash Cows 100 ETF by 19.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,584 shares of the company’s stock valued at $634,000 after buying an additional 1,908 shares during the period. Clay Northam Wealth Management LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 0.3% during the 2nd quarter. Clay Northam Wealth Management LLC now owns 267,790 shares of the company’s stock worth $14,755,000 after buying an additional 862 shares during the last quarter. Finally, Aveo Capital Partners LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 24.1% during the 1st quarter. Aveo Capital Partners LLC now owns 127,082 shares of the company’s stock valued at $6,627,000 after buying an additional 24,709 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $58.58 on Friday. The stock has a 50 day moving average of $57.53 and a 200 day moving average of $56.15. The firm has a market capitalization of $22.11 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a fifty-two week low of $46.64 and a fifty-two week high of $61.92.

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.