Leavell Investment Management Inc. Decreases Position in Pacer US Cash Cows 100 ETF $COWZ

Leavell Investment Management Inc. reduced its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 20.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,410 shares of the company’s stock after selling 10,802 shares during the period. Leavell Investment Management Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,380,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Proffitt & Goodson Inc. purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at about $25,000. Costello Asset Management INC purchased a new stake in Pacer US Cash Cows 100 ETF during the 2nd quarter worth about $26,000. Redwood Park Advisors LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter worth about $28,000. Newbridge Financial Services Group Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF by 1,217.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after acquiring an additional 487 shares during the last quarter. Finally, GAMMA Investing LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the 3rd quarter worth about $34,000.

Pacer US Cash Cows 100 ETF Stock Up 7.5%

COWZ stock opened at $61.67 on Friday. The business has a 50 day moving average price of $60.28 and a 200 day moving average price of $58.17. The stock has a market cap of $23.27 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a fifty-two week low of $46.64 and a fifty-two 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.