MMA Asset Management LLC Sells 74,588 Shares of Pacer US Cash Cows 100 ETF $COWZ

MMA Asset Management LLC lessened its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 77.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,154 shares of the company’s stock after selling 74,588 shares during the period. MMA Asset Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,221,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Assetmark Inc. boosted its stake in Pacer US Cash Cows 100 ETF by 7.4% during the 1st quarter. Assetmark Inc. now owns 2,942 shares of the company’s stock valued at $161,000 after purchasing an additional 202 shares during the last quarter. Bare Financial Services Inc acquired a new position in Pacer US Cash Cows 100 ETF during the 1st quarter valued at about $95,000. Clay Northam Wealth Management LLC boosted its stake in Pacer US Cash Cows 100 ETF by 0.3% during the 2nd quarter. Clay Northam Wealth Management LLC now owns 267,790 shares of the company’s stock valued at $14,755,000 after purchasing an additional 862 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Pacer US Cash Cows 100 ETF by 19.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 11,584 shares of the company’s stock valued at $634,000 after purchasing an additional 1,908 shares during the last quarter. Finally, Aveo Capital Partners LLC boosted its stake in Pacer US Cash Cows 100 ETF by 24.1% during the 1st quarter. Aveo Capital Partners LLC now owns 127,082 shares of the company’s stock valued at $6,627,000 after purchasing an additional 24,709 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $57.99 on Monday. The company has a market capitalization of $21.88 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $61.92. The business has a 50-day simple moving average of $57.46 and a two-hundred day simple moving average of $55.68.

Pacer US Cash Cows 100 ETF Company 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.