Cetera Investment Advisers Reduces Position in Pacer US Cash Cows 100 ETF $COWZ

Cetera Investment Advisers decreased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,612,900 shares of the company’s stock after selling 145,601 shares during the period. Cetera Investment Advisers owned about 1.49% of Pacer US Cash Cows 100 ETF worth $351,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sequoia Financial Advisors LLC raised its holdings in Pacer US Cash Cows 100 ETF by 1.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 1,824,648 shares of the company’s stock worth $114,150,000 after purchasing an additional 23,487 shares during the period. Kestra Advisory Services LLC grew its holdings in Pacer US Cash Cows 100 ETF by 4.9% during the first quarter. Kestra Advisory Services LLC now owns 1,729,166 shares of the company’s stock valued at $108,177,000 after purchasing an additional 80,307 shares during the period. Axxcess Wealth Management LLC increased its position in Pacer US Cash Cows 100 ETF by 4.1% in the fourth quarter. Axxcess Wealth Management LLC now owns 990,986 shares of the company’s stock worth $59,628,000 after buying an additional 38,779 shares in the last quarter. Sfmg LLC increased its position in Pacer US Cash Cows 100 ETF by 2.9% in the fourth quarter. Sfmg LLC now owns 950,367 shares of the company’s stock worth $57,184,000 after buying an additional 26,453 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in Pacer US Cash Cows 100 ETF by 0.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 898,123 shares of the company’s stock worth $54,040,000 after buying an additional 8,284 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 0.3%

BATS COWZ opened at $64.38 on Thursday. Pacer US Cash Cows 100 ETF has a 52 week low of $54.82 and a 52 week high of $65.95. The company has a market capitalization of $24.30 billion, a P/E ratio of 14.17 and a beta of 0.95. The stock’s 50-day moving average price is $63.67 and its 200-day moving average price is $63.10.

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.