IFG Advisory LLC Sells 1,572 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

IFG Advisory LLC lessened its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.0% in the second quarter, Holdings Channel.com reports. The fund owned 77,282 shares of the company’s stock after selling 1,572 shares during the period. IFG Advisory LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,211,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Concurrent Investment Advisors LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 201.2% during the second quarter. Concurrent Investment Advisors LLC now owns 290,024 shares of the company’s stock valued at $15,803,000 after acquiring an additional 193,727 shares in the last quarter. Rothschild Investment LLC bought a new position in Pacer US Cash Cows 100 ETF in the second quarter worth $1,024,000. Pine Valley Investments Ltd Liability Co lifted its position in Pacer US Cash Cows 100 ETF by 19.6% during the second quarter. Pine Valley Investments Ltd Liability Co now owns 77,386 shares of the company’s stock valued at $4,229,000 after buying an additional 12,661 shares during the period. ODonnell Financial Services LLC lifted its position in Pacer US Cash Cows 100 ETF by 3.0% during the second quarter. ODonnell Financial Services LLC now owns 432,852 shares of the company’s stock valued at $23,586,000 after buying an additional 12,706 shares during the period. Finally, Bryn Mawr Capital Management LLC lifted its position in Pacer US Cash Cows 100 ETF by 26.2% during the second quarter. Bryn Mawr Capital Management LLC now owns 251,421 shares of the company’s stock valued at $13,771,000 after buying an additional 52,183 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $57.81 on Friday. The stock has a market capitalization of $23.79 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The firm’s 50 day moving average price is $55.58 and its two-hundred day moving average price is $55.46.

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.