Prudent Investors Network Inc. Reduces Holdings in Pacer US Cash Cows 100 ETF $COWZ

Prudent Investors Network Inc. lowered its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 92.8% during the fourth quarter, HoldingsChannel reports. The firm owned 21,522 shares of the company’s stock after selling 277,539 shares during the period. Pacer US Cash Cows 100 ETF accounts for approximately 0.3% of Prudent Investors Network Inc.’s holdings, making the stock its 24th largest holding. Prudent Investors Network Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $1,295,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Field & Main Bank purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the fourth quarter valued at approximately $27,000. Compass Financial Services Inc increased its stake in shares of Pacer US Cash Cows 100 ETF by 85.2% in the third quarter. Compass Financial Services Inc now owns 463 shares of the company’s stock worth $27,000 after buying an additional 213 shares during the last quarter. Harbor Investment Advisory LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter worth $29,000. Newbridge Financial Services Group Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 1,217.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock worth $29,000 after buying an additional 487 shares during the last quarter. Finally, First Horizon Corp increased its stake in shares of Pacer US Cash Cows 100 ETF by 337.0% in the fourth quarter. First Horizon Corp now owns 603 shares of the company’s stock worth $36,000 after buying an additional 465 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 0.2%

Shares of BATS:COWZ opened at $62.93 on Friday. The company has a fifty day simple moving average of $62.68 and a 200 day simple moving average of $61.65. The firm has a market cap of $23.75 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12-month low of $52.82 and a 12-month high of $64.97.

Pacer US Cash Cows 100 ETF Company 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.