Verdence Capital Advisors LLC lowered its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 9.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 3,965 shares of the company’s stock after selling 407 shares during the period. Verdence Capital Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $218,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in COWZ. Sequoia Financial Advisors LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth approximately $93,107,000. AlphaCore Capital LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth approximately $37,685,000. SCS Capital Management LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 1st quarter worth approximately $31,831,000. LPL Financial LLC lifted its holdings in 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 worth $1,162,523,000 after buying an additional 535,597 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in 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 worth $77,771,000 after buying an additional 522,242 shares in the last quarter.
Pacer US Cash Cows 100 ETF Stock Down 1.8%
Pacer US Cash Cows 100 ETF stock opened at $56.39 on Friday. The firm has a market cap of $21.28 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $61.92. The company’s 50 day moving average is $57.23 and its two-hundred day moving average is $55.01.
About Pacer US Cash Cows 100 ETF
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.
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