Northwestern Mutual Wealth Management Co. Sells 1,019,368 Shares of Pacer US Cash Cows 100 ETF $COWZ

Northwestern Mutual Wealth Management Co. cut its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,949,165 shares of the company’s stock after selling 1,019,368 shares during the quarter. Pacer US Cash Cows 100 ETF makes up about 0.6% of Northwestern Mutual Wealth Management Co.’s portfolio, making the stock its 26th largest position. Northwestern Mutual Wealth Management Co.’s holdings in Pacer US Cash Cows 100 ETF were worth $709,096,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brentview Investment Management LLC acquired a new position in Pacer US Cash Cows 100 ETF during the first quarter worth $27,000. Mpwm Advisory Solutions LLC acquired a new position in Pacer US Cash Cows 100 ETF during the fourth quarter worth $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Pacer US Cash Cows 100 ETF during the first quarter worth $34,000. Larson Financial Group LLC raised its holdings in Pacer US Cash Cows 100 ETF by 93.8% during the first quarter. Larson Financial Group LLC now owns 630 shares of the company’s stock worth $35,000 after buying an additional 305 shares during the last quarter. Finally, West Oak Capital LLC acquired a new position in Pacer US Cash Cows 100 ETF during the first quarter worth $38,000.

Pacer US Cash Cows 100 ETF Trading Up 1.1%

COWZ opened at $58.0090 on Friday. The company’s fifty day moving average price is $56.02 and its two-hundred day moving average price is $54.79. Pacer US Cash Cows 100 ETF has a 1-year low of $46.64 and a 1-year high of $61.92. The company has a market cap of $21.89 billion, a price-to-earnings 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.