Pacer US Cash Cows 100 ETF $COWZ Position Lowered by PFG Advisors

PFG Advisors trimmed its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.1% in the third quarter, Holdings Channel reports. The firm owned 245,465 shares of the company’s stock after selling 18,861 shares during the quarter. PFG Advisors’ holdings in Pacer US Cash Cows 100 ETF were worth $14,107,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. ProVise Management Group LLC raised its stake in Pacer US Cash Cows 100 ETF by 3.4% during the third quarter. ProVise Management Group LLC now owns 10,542 shares of the company’s stock valued at $606,000 after buying an additional 344 shares in the last quarter. Jefferies Financial Group Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 0.7% in the 3rd quarter. Jefferies Financial Group Inc. now owns 106,392 shares of the company’s stock worth $6,114,000 after acquiring an additional 745 shares in the last quarter. Prudent Investors Network Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF by 7.0% in the 3rd quarter. Prudent Investors Network Inc. now owns 299,061 shares of the company’s stock valued at $17,187,000 after acquiring an additional 19,474 shares during the last quarter. Natixis Advisors LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter valued at approximately $653,000. Finally, Ameriflex Group Inc. raised its position in shares of Pacer US Cash Cows 100 ETF by 308.2% during the 3rd quarter. Ameriflex Group Inc. now owns 6,408 shares of the company’s stock valued at $368,000 after acquiring an additional 4,838 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 0.4%

COWZ stock opened at $63.50 on Monday. The stock’s 50 day simple moving average is $62.76 and its 200 day simple moving average is $59.92. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $64.97. The firm has a market cap of $23.96 billion, a P/E ratio of 14.17 and a beta of 0.95.

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.