Focus Financial Network Inc. reduced its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 41.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 37,417 shares of the company’s stock after selling 26,048 shares during the quarter. Focus Financial Network Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,150,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Proffitt & Goodson Inc. acquired a new stake in Pacer US Cash Cows 100 ETF during the 2nd quarter valued at $25,000. Costello Asset Management INC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the second quarter valued at $26,000. Redwood Park Advisors LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the second quarter valued at $28,000. Newbridge Financial Services Group Inc. increased its position in 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 in the last quarter. Finally, Flaharty Asset Management LLC acquired a new position in Pacer US Cash Cows 100 ETF in the 1st quarter valued at about $31,000.
Pacer US Cash Cows 100 ETF Trading Up 6.1%
BATS:COWZ opened at $60.91 on Friday. The firm has a market cap of $22.99 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The company’s 50-day moving average is $58.74 and its two-hundred day moving average is $57.26. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $61.92.
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.
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Want to see what other hedge funds are holding COWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report).
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