Jefferies Financial Group Inc. lowered its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 19.9% in the second quarter, Holdings Channel reports. The firm owned 105,647 shares of the company’s stock after selling 26,231 shares during the period. Jefferies Financial Group Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $5,821,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COWZ. 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 period. Bare Financial Services Inc acquired a new position in shares of Pacer US Cash Cows 100 ETF during the first quarter worth approximately $95,000. PNC Financial Services Group Inc. boosted its position in shares of Pacer US Cash Cows 100 ETF by 19.7% in the first quarter. PNC Financial Services Group Inc. now owns 11,584 shares of the company’s stock valued at $634,000 after acquiring an additional 1,908 shares during the period. Clay Northam Wealth Management LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 0.3% in the second quarter. Clay Northam Wealth Management LLC now owns 267,790 shares of the company’s stock valued at $14,755,000 after acquiring an additional 862 shares during the period. Finally, Aveo Capital Partners LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 24.1% in the first quarter. Aveo Capital Partners LLC now owns 127,082 shares of the company’s stock worth $6,627,000 after acquiring an additional 24,709 shares during the last quarter.
Pacer US Cash Cows 100 ETF Price Performance
BATS COWZ opened at $58.19 on Tuesday. The company’s fifty day moving average is $57.58 and its two-hundred day moving average is $56.42. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $61.92. The firm has a market capitalization of $21.96 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95.
About Pacer US Cash Cows 100 ETF
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.
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Want to see what other hedge funds are holding COWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report).
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