Wealth Management Associates Inc. Sells 545 Shares of Pacer US Cash Cows 100 ETF $COWZ

Wealth Management Associates Inc. cut its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,430 shares of the company’s stock after selling 545 shares during the quarter. Wealth Management Associates Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $352,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at $93,107,000. AlphaCore Capital LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at $37,685,000. SCS Capital Management LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at $31,831,000. LPL Financial LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 2.6% in the first quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock valued at $1,162,523,000 after purchasing an additional 535,597 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 26.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,394,761 shares of the company’s stock valued at $135,256,000 after purchasing an additional 506,659 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS COWZ opened at $57.35 on Thursday. The stock has a market cap of $21.64 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a fifty-two week low of $46.64 and a fifty-two week high of $61.92. The stock has a fifty day moving average of $56.73 and a 200-day moving average of $54.72.

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.