Secure Asset Management LLC Reduces Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Secure Asset Management LLC lessened its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 22.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 42,587 shares of the company’s stock after selling 12,108 shares during the quarter. Secure Asset Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,405,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in COWZ. Janney Montgomery Scott LLC bought a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter valued at about $81,029,000. LPL Financial LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 6.1% during the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after acquiring an additional 1,132,656 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $61,929,000. Thrivent Financial for Lutherans grew its stake in Pacer US Cash Cows 100 ETF by 230.0% in the third quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock worth $51,154,000 after purchasing an additional 616,518 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in Pacer US Cash Cows 100 ETF by 150.4% during the 2nd quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock worth $49,155,000 after purchasing an additional 541,800 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 2.5 %

Shares of BATS COWZ opened at $58.84 on Friday. The company has a market cap of $24.21 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The firm’s fifty day moving average price is $58.61 and its two-hundred day moving average price is $57.44.

Pacer US Cash Cows 100 ETF Company 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.