Avantax Planning Partners Inc. Reduces Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Avantax Planning Partners Inc. lowered its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.7% during the 4th quarter, HoldingsChannel reports. The fund owned 24,124 shares of the company’s stock after selling 1,728 shares during the period. Avantax Planning Partners Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $1,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Richardson Capital Management LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 10.6% during the third quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock worth $125,000 after acquiring an additional 207 shares in the last quarter. Mutual Advisors LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 1.5% in the fourth quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock worth $905,000 after buying an additional 229 shares in the last quarter. Accel Wealth Management raised its position in shares of Pacer US Cash Cows 100 ETF by 7.4% in the fourth quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock worth $217,000 after buying an additional 264 shares in the last quarter. MWA Asset Management raised its position in shares of Pacer US Cash Cows 100 ETF by 2.8% in the third quarter. MWA Asset Management now owns 9,901 shares of the company’s stock worth $573,000 after buying an additional 265 shares in the last quarter. Finally, Ranch Capital Advisors Inc. raised its position in shares of Pacer US Cash Cows 100 ETF by 3.0% in the fourth quarter. Ranch Capital Advisors Inc. now owns 9,402 shares of the company’s stock worth $533,000 after buying an additional 275 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ stock opened at $54.72 on Wednesday. Pacer US Cash Cows 100 ETF has a 52-week low of $53.03 and a 52-week high of $61.92. The company has a market capitalization of $24.00 billion, a PE ratio of 13.11 and a beta of 1.03. The business’s fifty day moving average is $57.47 and its 200 day moving average is $57.90.

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.