Waverly Advisors LLC Reduces Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

Waverly Advisors LLC lessened its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 30.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,035 shares of the company’s stock after selling 27,855 shares during the quarter. Waverly Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,069,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Renaissance Technologies LLC purchased a new position in Pacer US Cash Cows 100 ETF during the 1st quarter valued at about $663,000. Hilltop Holdings Inc. lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 6.3% in the first quarter. Hilltop Holdings Inc. now owns 10,132 shares of the company’s stock valued at $634,000 after purchasing an additional 604 shares in the last quarter. MWA Asset Management lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 1.8% in the first quarter. MWA Asset Management now owns 11,322 shares of the company’s stock valued at $708,000 after purchasing an additional 205 shares in the last quarter. Lido Advisors LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at approximately $293,000. Finally, Envision Financial Transparency LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at approximately $287,000.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $67.52 on Wednesday. The firm has a 50 day simple moving average of $63.86 and a 200-day simple moving average of $63.23. Pacer US Cash Cows 100 ETF has a 1-year low of $54.82 and a 1-year high of $67.67. The stock has a market cap of $25.48 billion, a price-to-earnings 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.