Mutual Advisors LLC Cuts Position in Pacer US Cash Cows 100 ETF $COWZ

Mutual Advisors LLC cut its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 3.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,295 shares of the company’s stock after selling 540 shares during the quarter. Mutual Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $876,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in COWZ. Exchange Traded Concepts LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 38.9% in the 1st quarter. Exchange Traded Concepts LLC now owns 11,650 shares of the company’s stock valued at $638,000 after acquiring an additional 3,262 shares during the period. Blue Trust Inc. grew its stake in Pacer US Cash Cows 100 ETF by 569.6% during the 1st quarter. Blue Trust Inc. now owns 4,245 shares of the company’s stock worth $232,000 after buying an additional 3,611 shares during the last quarter. Advisor Resource Council grew its stake in Pacer US Cash Cows 100 ETF by 135.1% during the 1st quarter. Advisor Resource Council now owns 37,645 shares of the company’s stock worth $2,061,000 after buying an additional 21,635 shares during the last quarter. PFG Investments LLC grew its stake in Pacer US Cash Cows 100 ETF by 32.4% during the 1st quarter. PFG Investments LLC now owns 11,009 shares of the company’s stock worth $603,000 after buying an additional 2,693 shares during the last quarter. Finally, Retirement Planning Group LLC NY purchased a new position in Pacer US Cash Cows 100 ETF during the 1st quarter worth $214,000.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ stock opened at $56.70 on Friday. Pacer US Cash Cows 100 ETF has a 1-year low of $46.64 and a 1-year high of $61.92. The stock’s fifty day moving average price is $57.25 and its 200 day moving average price is $55.02. The company has a market cap of $21.40 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.