HighTower Advisors LLC Sells 53,423 Shares of Pacer US Cash Cows 100 ETF $COWZ

HighTower Advisors LLC cut its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,826,720 shares of the company’s stock after selling 53,423 shares during the period. HighTower Advisors LLC owned 0.48% of Pacer US Cash Cows 100 ETF worth $104,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Compass Financial Services Inc boosted its stake in Pacer US Cash Cows 100 ETF by 85.2% during 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. Redwood Park Advisors LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter worth about $28,000. Newbridge Financial Services Group Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 1,217.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock worth $29,000 after purchasing an additional 487 shares during the period. GAMMA Investing LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the 3rd quarter worth about $34,000. Finally, Smartleaf Asset Management LLC bought a new stake in Pacer US Cash Cows 100 ETF in the second quarter worth about $40,000.

Pacer US Cash Cows 100 ETF Trading Up 1.0%

Shares of COWZ opened at $64.16 on Monday. The firm has a fifty day moving average price of $61.81 and a 200-day moving average price of $59.06. The firm has a market capitalization of $24.21 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $64.80.

Pacer US Cash Cows 100 ETF Company 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.