Pacer US Cash Cows 100 ETF $COWZ Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC lessened its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 25.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 490,944 shares of the company’s stock after selling 167,174 shares during the period. Modern Wealth Management LLC owned 0.13% of Pacer US Cash Cows 100 ETF worth $30,601,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in COWZ. MWA Asset Management increased its holdings in shares of Pacer US Cash Cows 100 ETF by 1.8% in the first quarter. MWA Asset Management now owns 11,322 shares of the company’s stock valued at $708,000 after purchasing an additional 205 shares during the period. Lido Advisors LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the first quarter worth $293,000. Envision Financial Transparency LLC purchased a new position in Pacer US Cash Cows 100 ETF in the 1st quarter valued at $287,000. Marin Bay Wealth Advisors LLC purchased a new position in Pacer US Cash Cows 100 ETF in the 1st quarter valued at $244,000. Finally, Fortis Capital Management LLC grew its position in Pacer US Cash Cows 100 ETF by 17.8% in the 1st quarter. Fortis Capital Management LLC now owns 65,221 shares of the company’s stock valued at $4,080,000 after buying an additional 9,856 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $63.67 on Friday. The stock has a market capitalization of $24.03 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 1 year low of $54.82 and a 1 year high of $65.95. The company’s fifty day moving average is $63.69 and its two-hundred day moving average is $63.12.

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.