Longview Financial Advisors Inc. Trims Holdings in Pacer US Cash Cows 100 ETF $COWZ

Longview Financial Advisors Inc. lessened its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 22.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 214,052 shares of the company’s stock after selling 62,944 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for 8.8% of Longview Financial Advisors Inc.’s investment portfolio, making the stock its 2nd biggest position. Longview Financial Advisors Inc. owned 0.06% of Pacer US Cash Cows 100 ETF worth $12,302,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Arkadios Wealth Advisors grew its stake in shares of Pacer US Cash Cows 100 ETF by 10.8% during the third quarter. Arkadios Wealth Advisors now owns 205,101 shares of the company’s stock valued at $11,787,000 after buying an additional 19,978 shares during the last quarter. VestGen Advisors LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 2.1% in the 2nd quarter. VestGen Advisors LLC now owns 160,496 shares of the company’s stock valued at $8,843,000 after acquiring an additional 3,228 shares during the last quarter. Balentine LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter valued at about $742,000. Geneos Wealth Management Inc. boosted its holdings in Pacer US Cash Cows 100 ETF by 88.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 354,456 shares of the company’s stock valued at $19,531,000 after acquiring an additional 165,950 shares during the period. Finally, Cary Street Partners Financial LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 11.1% during the 3rd quarter. Cary Street Partners Financial LLC now owns 186,738 shares of the company’s stock valued at $10,732,000 after acquiring an additional 18,701 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $63.50 on Friday. The stock’s 50 day simple moving average is $62.76 and its 200 day simple moving average is $59.90. The firm has a market cap of $23.96 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 1 year low of $46.64 and a 1 year 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.