HighTower Advisors LLC Reduces Position in Pacer US Cash Cows 100 ETF $COWZ

HighTower Advisors LLC decreased its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,684,967 shares of the company’s stock after selling 141,753 shares during the quarter. HighTower Advisors LLC owned approximately 0.45% of Pacer US Cash Cows 100 ETF worth $101,384,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Field & Main Bank purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $27,000. Compass Financial Services Inc lifted its stake in shares of Pacer US Cash Cows 100 ETF by 85.2% during the 3rd quarter. Compass Financial Services Inc now owns 463 shares of the company’s stock valued at $27,000 after buying an additional 213 shares in the last quarter. Harbor Investment Advisory LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $29,000. Newbridge Financial Services Group Inc. lifted its stake in shares of Pacer US Cash Cows 100 ETF by 1,217.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after buying an additional 487 shares in the last quarter. Finally, First Horizon Corp lifted its stake in shares of Pacer US Cash Cows 100 ETF by 337.0% during the 4th quarter. First Horizon Corp now owns 603 shares of the company’s stock valued at $36,000 after buying an additional 465 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ opened at $63.31 on Wednesday. Pacer US Cash Cows 100 ETF has a fifty-two week low of $52.82 and a fifty-two week high of $64.97. The firm’s fifty day moving average is $62.67 and its 200 day moving average is $61.76. The stock has a market cap of $23.89 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.