Orion Porfolio Solutions LLC Cuts Holdings in Pacer US Cash Cows 100 ETF $COWZ

Orion Porfolio Solutions LLC reduced its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 622,124 shares of the company’s stock after selling 28,914 shares during the period. Orion Porfolio Solutions LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $35,753,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Y Intercept Hong Kong Ltd purchased a new position in Pacer US Cash Cows 100 ETF during the second quarter worth approximately $834,000. Keybank National Association OH purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter valued at approximately $235,000. Assetmark Inc. lifted its position in shares of Pacer US Cash Cows 100 ETF by 11.5% during the 2nd quarter. Assetmark Inc. now owns 3,280 shares of the company’s stock valued at $181,000 after buying an additional 338 shares in the last quarter. Bank of Montreal Can grew its stake in Pacer US Cash Cows 100 ETF by 39.6% in the 2nd quarter. Bank of Montreal Can now owns 8,101 shares of the company’s stock valued at $446,000 after acquiring an additional 2,300 shares during the period. Finally, Csenge Advisory Group grew its stake in Pacer US Cash Cows 100 ETF by 0.9% in the 2nd quarter. Csenge Advisory Group now owns 244,212 shares of the company’s stock valued at $13,087,000 after acquiring an additional 2,202 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS COWZ opened at $64.39 on Thursday. The firm has a market cap of $24.30 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $46.64 and a one year high of $64.97. The firm has a fifty day moving average of $62.67 and a 200 day moving average of $59.81.

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.