USAdvisors Wealth Management LLC Lowers Holdings in Pacer US Cash Cows 100 ETF $COWZ

USAdvisors Wealth Management LLC lowered its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 52.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 70,679 shares of the company’s stock after selling 79,181 shares during the quarter. Pacer US Cash Cows 100 ETF comprises approximately 1.4% of USAdvisors Wealth Management LLC’s holdings, making the stock its 25th largest holding. USAdvisors Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $3,897,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of COWZ. Sequoia Financial Advisors LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth about $93,107,000. AlphaCore Capital LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth about $37,685,000. SCS Capital Management LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth about $31,831,000. LPL Financial LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF by 2.6% during the 1st quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock worth $1,162,523,000 after purchasing an additional 535,597 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in shares of Pacer US Cash Cows 100 ETF by 57.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock worth $77,771,000 after purchasing an additional 522,242 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS:COWZ opened at $57.83 on Friday. Pacer US Cash Cows 100 ETF has a 1 year low of $46.64 and a 1 year high of $61.92. The stock has a market capitalization of $21.82 billion, a P/E ratio of 14.17 and a beta of 0.95. The stock has a 50-day simple moving average of $57.06 and a 200-day simple moving average of $54.91.

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.