TIAA Trust National Association Decreases Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

TIAA Trust National Association lowered its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,426 shares of the company’s stock after selling 347 shares during the period. TIAA Trust National Association’s holdings in Pacer US Cash Cows 100 ETF were worth $250,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Modern Wealth Management LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 2.8% in the fourth quarter. Modern Wealth Management LLC now owns 892,810 shares of the company’s stock valued at $51,462,000 after purchasing an additional 24,348 shares during the last quarter. LPL Financial LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 4.7% during the 4th quarter. LPL Financial LLC now owns 20,693,823 shares of the company’s stock valued at $1,168,787,000 after buying an additional 926,609 shares during the period. Blueprint Investment Partners LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the fourth quarter worth about $344,000. Fortis Capital Management LLC increased its position in Pacer US Cash Cows 100 ETF by 11.7% during the 4th quarter. Fortis Capital Management LLC now owns 49,646 shares of the company’s stock worth $2,804,000 after purchasing an additional 5,201 shares in the last quarter. Finally, Sfmg LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 0.6% in the fourth quarter. Sfmg LLC now owns 851,430 shares of the company’s stock worth $48,089,000 after acquiring an additional 5,202 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ opened at $54.33 on Friday. The firm has a market capitalization of $23.63 billion, a PE ratio of 13.17 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 12 month low of $53.03 and a 12 month high of $61.92. The business’s 50-day moving average is $56.93 and its two-hundred day moving average is $57.72.

Pacer US Cash Cows 100 ETF 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.