Pacer US Cash Cows 100 ETF $COWZ Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC lowered its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 51.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,595 shares of the company’s stock after selling 25,122 shares during the period. Sowell Financial Services LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,420,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Sequoia Financial Advisors LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 5.6% in the third quarter. Sequoia Financial Advisors LLC now owns 1,797,735 shares of the company’s stock valued at $103,316,000 after purchasing an additional 95,632 shares during the period. Capital Asset Advisory Services LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 1.9% in the fourth quarter. Capital Asset Advisory Services LLC now owns 975,844 shares of the company’s stock valued at $60,083,000 after purchasing an additional 17,863 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of Pacer US Cash Cows 100 ETF by 1,256.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock worth $51,139,000 after acquiring an additional 824,222 shares during the period. O Brien Wealth Partners LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 0.7% during the third quarter. O Brien Wealth Partners LLC now owns 833,162 shares of the company’s stock worth $47,882,000 after acquiring an additional 5,497 shares during the period. Finally, Provident Wealth Management LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 1.1% during the third quarter. Provident Wealth Management LLC now owns 812,469 shares of the company’s stock worth $46,693,000 after acquiring an additional 9,186 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 0.4%

Shares of Pacer US Cash Cows 100 ETF stock opened at $62.34 on Wednesday. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $64.97. The company’s 50-day simple moving average is $63.15 and its 200-day simple moving average is $60.67. The firm has a market cap of $23.53 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95.

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.