Commonwealth Equity Services LLC Sells 484,124 Shares of Pacer US Cash Cows 100 ETF $COWZ

Commonwealth Equity Services LLC reduced its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 8.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 5,116,878 shares of the company’s stock after selling 484,124 shares during the period. Commonwealth Equity Services LLC owned about 1.36% of Pacer US Cash Cows 100 ETF worth $281,940,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Proffitt & Goodson Inc. purchased a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter worth $25,000. Costello Asset Management INC purchased a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter worth $26,000. Brentview Investment Management LLC purchased a new position in Pacer US Cash Cows 100 ETF during the 1st quarter worth $27,000. Redwood Park Advisors LLC purchased a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter worth $28,000. Finally, Flaharty Asset Management LLC purchased a new position in Pacer US Cash Cows 100 ETF during the 1st quarter worth $31,000.

Pacer US Cash Cows 100 ETF Stock Up 0.9%

COWZ opened at $57.89 on Thursday. The stock’s fifty day moving average is $57.46 and its two-hundred day moving average is $55.79. The company has a market capitalization of $21.85 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.

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.