Spectrum Strategic Capital Management LLC Lowers Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

Spectrum Strategic Capital Management LLC decreased its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 96.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,352 shares of the company’s stock after selling 96,892 shares during the period. Spectrum Strategic Capital Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $202,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Field & Main Bank purchased a new position in shares of Pacer US Cash Cows 100 ETF in the fourth quarter worth about $27,000. Compass Financial Services Inc increased its holdings 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 period. Harbor Investment Advisory LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the fourth quarter worth about $29,000. Newbridge Financial Services Group Inc. increased its holdings 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 period. Finally, First Horizon Corp increased its holdings 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 period.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ opened at $62.93 on Monday. The company has a market cap of $23.75 billion, a P/E ratio of 14.17 and a beta of 0.95. The business’s 50-day moving average price is $62.68 and its 200-day moving average price is $61.68. 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 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.