Kovack Advisors Inc. Has $232,000 Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

Kovack Advisors Inc. lessened its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 57.6% in the second quarter, Holdings Channel.com reports. The fund owned 4,211 shares of the company’s stock after selling 5,718 shares during the quarter. Kovack Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $232,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of COWZ. Mutual Advisors LLC grew its holdings in Pacer US Cash Cows 100 ETF by 1.6% during the 1st quarter. Mutual Advisors LLC now owns 15,835 shares of the company’s stock worth $816,000 after acquiring an additional 243 shares during the period. Brookstone Capital Management boosted its position in shares of Pacer US Cash Cows 100 ETF by 13.4% during the first quarter. Brookstone Capital Management now owns 70,427 shares of the company’s stock worth $3,857,000 after purchasing an additional 8,309 shares in the last quarter. Truist Financial Corp boosted its position in shares of Pacer US Cash Cows 100 ETF by 7.9% during the first quarter. Truist Financial Corp now owns 1,131,315 shares of the company’s stock worth $61,951,000 after purchasing an additional 83,163 shares in the last quarter. Investor s Fiduciary Advisor Network LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the first quarter worth $642,000. Finally, Heritage Wealth Management Inc. boosted its position in shares of Pacer US Cash Cows 100 ETF by 11.3% during the first quarter. Heritage Wealth Management Inc. now owns 22,814 shares of the company’s stock worth $1,249,000 after purchasing an additional 2,313 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 1.0%

Shares of BATS COWZ opened at $57.99 on Monday. The company’s fifty day moving average is $57.46 and its 200-day moving average is $55.68. The stock has a market cap of $21.88 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a twelve month low of $46.64 and a twelve month high of $61.92.

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.