Moneywise Inc. Sells 20,122 Shares of Pacer US Cash Cows 100 ETF $COWZ

Moneywise Inc. decreased its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 22.0% during the 4th quarter, HoldingsChannel reports. The firm owned 71,514 shares of the company’s stock after selling 20,122 shares during the quarter. Pacer US Cash Cows 100 ETF comprises approximately 1.8% of Moneywise Inc.’s holdings, making the stock its 17th largest position. Moneywise Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $4,303,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Sequoia Financial Advisors LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 5.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,797,735 shares of the company’s stock valued at $103,316,000 after purchasing an additional 95,632 shares during the last quarter. Capital Asset Advisory Services LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 1.9% in the 4th quarter. Capital Asset Advisory Services LLC now owns 975,844 shares of the company’s stock valued at $60,083,000 after purchasing an additional 17,863 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of Pacer US Cash Cows 100 ETF by 1,256.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock valued at $51,139,000 after purchasing an additional 824,222 shares during the last quarter. Provident Wealth Management LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 0.9% in the 4th quarter. Provident Wealth Management LLC now owns 819,714 shares of the company’s stock valued at $49,322,000 after purchasing an additional 7,245 shares during the last quarter. Finally, Evensky & Katz LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 3.1% in the 3rd quarter. Evensky & Katz LLC now owns 805,116 shares of the company’s stock valued at $46,270,000 after purchasing an additional 24,458 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $62.96 on Thursday. Pacer US Cash Cows 100 ETF has a 52-week low of $52.82 and a 52-week high of $64.97. The business’s fifty day moving average is $62.74 and its 200-day moving average is $61.61. The firm has a market cap of $23.76 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.