Modern Wealth Management LLC Sells 76,806 Shares of Pacer US Cash Cows 100 ETF $COWZ

Modern Wealth Management LLC trimmed its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 721,438 shares of the company’s stock after selling 76,806 shares during the period. Modern Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $41,461,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Soundwatch Capital LLC increased its holdings in Pacer US Cash Cows 100 ETF by 47,952.1% in the 2nd quarter. Soundwatch Capital LLC now owns 2,539,074 shares of the company’s stock worth $139,903,000 after purchasing an additional 2,533,790 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in Pacer US Cash Cows 100 ETF in the 2nd quarter valued at approximately $36,853,000. Global Retirement Partners LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 2nd quarter worth approximately $17,193,000. Great Valley Advisor Group Inc. boosted its position in Pacer US Cash Cows 100 ETF by 104.6% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 527,287 shares of the company’s stock worth $29,053,000 after buying an additional 269,560 shares during the period. Finally, Drucker Wealth 3.0 LLC grew its holdings in Pacer US Cash Cows 100 ETF by 171.2% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 338,631 shares of the company’s stock worth $19,461,000 after acquiring an additional 213,774 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS COWZ opened at $63.50 on Friday. The stock has a market cap of $23.96 billion, a P/E ratio of 14.17 and a beta of 0.95. The firm has a 50 day moving average price of $62.76 and a two-hundred day moving average price of $59.88. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $64.97.

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.