MMA Asset Management LLC Sells 74,588 Shares of Pacer US Cash Cows 100 ETF $COWZ

MMA Asset Management LLC decreased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 77.1% during the second quarter, HoldingsChannel reports. The fund owned 22,154 shares of the company’s stock after selling 74,588 shares during the quarter. MMA Asset Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Proffitt & Goodson Inc. bought a new stake in Pacer US Cash Cows 100 ETF during the 2nd quarter valued at $25,000. Costello Asset Management INC bought a new position in shares of Pacer US Cash Cows 100 ETF in the second quarter worth $26,000. Brentview Investment Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the first quarter worth $27,000. Redwood Park Advisors LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the second quarter worth $28,000. Finally, Flaharty Asset Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the first quarter worth $31,000.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $57.99 on Monday. The stock has a market cap of $21.88 billion, a P/E 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 firm’s fifty day moving average price is $57.46 and its 200-day moving average price is $55.68.

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.