Stegent Equity Advisors Inc. Has $2.42 Million Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Stegent Equity Advisors Inc. lowered its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,848 shares of the company’s stock after selling 1,840 shares during the quarter. Pacer US Cash Cows 100 ETF comprises approximately 2.7% of Stegent Equity Advisors Inc.’s holdings, making the stock its 11th largest holding. Stegent Equity Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,420,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in COWZ. LPL Financial LLC raised its stake in Pacer US Cash Cows 100 ETF by 13.3% during the 2nd quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock worth $1,015,397,000 after buying an additional 2,184,380 shares during the period. Global Assets Advisory LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 5,941.5% in the first quarter. Global Assets Advisory LLC now owns 1,694,524 shares of the company’s stock worth $98,469,000 after acquiring an additional 1,666,476 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Pacer US Cash Cows 100 ETF by 25.0% during the second quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock worth $348,981,000 after purchasing an additional 1,281,810 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter valued at about $61,929,000. Finally, Truist Financial Corp grew its position in shares of Pacer US Cash Cows 100 ETF by 150.4% in the 2nd quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock valued at $49,155,000 after purchasing an additional 541,800 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 0.1 %

COWZ stock traded up $0.03 during mid-day trading on Friday, hitting $58.80. 1,022,568 shares of the company were exchanged. The business has a fifty day simple moving average of $57.04 and a 200 day simple moving average of $55.95. The company has a market cap of $24.19 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.