Pacer US Cash Cows 100 ETF $COWZ Stake Cut by Lunt Capital Management Inc.

Lunt Capital Management Inc. cut its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 78,183 shares of the company’s stock after selling 5,996 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 1.6% of Lunt Capital Management Inc.’s investment portfolio, making the stock its 18th largest holding. Lunt Capital Management Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $4,308,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. LPL Financial LLC grew its position in Pacer US Cash Cows 100 ETF by 2.6% during the first quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock valued at $1,162,523,000 after purchasing an additional 535,597 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 4.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 5,601,002 shares of the company’s stock valued at $306,711,000 after buying an additional 226,649 shares during the period. Cetera Investment Advisers grew its holdings in shares of Pacer US Cash Cows 100 ETF by 4.5% during the 1st quarter. Cetera Investment Advisers now owns 4,821,379 shares of the company’s stock valued at $264,019,000 after acquiring an additional 209,782 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 0.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 4,485,533 shares of the company’s stock valued at $245,628,000 after acquiring an additional 34,811 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 14.6% in the first quarter. HighTower Advisors LLC now owns 2,048,597 shares of the company’s stock worth $112,181,000 after acquiring an additional 260,772 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 1.1%

COWZ opened at $56.74 on Wednesday. The stock has a fifty day moving average price of $57.18 and a 200 day moving average price of $54.98. Pacer US Cash Cows 100 ETF has a 1 year low of $46.64 and a 1 year high of $61.92. The stock has a market cap of $21.41 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.