Kickstand Ventures LLC. Sells 4,369 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Kickstand Ventures LLC. cut its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,576 shares of the company’s stock after selling 4,369 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for approximately 1.3% of Kickstand Ventures LLC.’s holdings, making the stock its 20th largest position. Kickstand Ventures LLC.’s holdings in Pacer US Cash Cows 100 ETF were worth $5,285,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in COWZ. Exchange Traded Concepts LLC bought a new position in Pacer US Cash Cows 100 ETF in the 3rd quarter valued at approximately $81,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Pacer US Cash Cows 100 ETF by 17.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after acquiring an additional 207 shares in the last quarter. Creative Planning lifted its position in Pacer US Cash Cows 100 ETF by 79.2% in the 3rd quarter. Creative Planning now owns 30,418 shares of the company’s stock valued at $1,759,000 after acquiring an additional 13,442 shares in the last quarter. NBC Securities Inc. lifted its position in Pacer US Cash Cows 100 ETF by 8.1% in the 3rd quarter. NBC Securities Inc. now owns 10,069 shares of the company’s stock valued at $582,000 after acquiring an additional 754 shares in the last quarter. Finally, Prospect Financial Services LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the 3rd quarter valued at $491,000.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $57.13 on Thursday. The stock has a market cap of $23.51 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The company’s fifty day moving average is $58.04 and its two-hundred day moving average is $57.71.

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.