Sequoia Financial Advisors LLC Lowers Position in Pacer US Cash Cows 100 ETF $COWZ

Sequoia Financial Advisors LLC decreased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,781,365 shares of the company’s stock after selling 43,283 shares during the period. Sequoia Financial Advisors LLC owned approximately 0.47% of Pacer US Cash Cows 100 ETF worth $110,801,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Koshinski Asset Management Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF by 2.3% in the 1st quarter. Koshinski Asset Management Inc. now owns 7,249 shares of the company’s stock valued at $453,000 after acquiring an additional 163 shares in the last quarter. L & S Advisors Inc grew its holdings in shares of Pacer US Cash Cows 100 ETF by 2.8% during the fourth quarter. L & S Advisors Inc now owns 6,110 shares of the company’s stock worth $368,000 after purchasing an additional 169 shares in the last quarter. Newbridge Financial Services Group Inc. increased its position in shares of Pacer US Cash Cows 100 ETF by 34.0% in the third quarter. Newbridge Financial Services Group Inc. now owns 706 shares of the company’s stock worth $41,000 after purchasing an additional 179 shares during the last quarter. ARQ Wealth Advisors LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 0.3% in the fourth quarter. ARQ Wealth Advisors LLC now owns 60,340 shares of the company’s stock worth $3,631,000 after purchasing an additional 186 shares during the last quarter. Finally, Pacific Sun Financial Corp increased its position in shares of Pacer US Cash Cows 100 ETF by 5.6% in the fourth quarter. Pacific Sun Financial Corp now owns 3,744 shares of the company’s stock worth $227,000 after purchasing an additional 200 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $69.50 on Thursday. Pacer US Cash Cows 100 ETF has a 1-year low of $55.62 and a 1-year high of $72.52. The company has a market capitalization of $26.23 billion, a P/E ratio of 14.17 and a beta of 0.95. The firm’s 50 day simple moving average is $68.11 and its 200 day simple moving average is $64.89.

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.