Pacer US Cash Cows 100 ETF $COWZ Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC trimmed its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,826,720 shares of the company’s stock after selling 53,423 shares during the period. HighTower Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $104,982,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signature Estate & Investment Advisors LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 70.2% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 54,947 shares of the company’s stock valued at $3,028,000 after purchasing an additional 22,661 shares during the last quarter. Avidian Wealth Enterprises LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 2.8% in the second quarter. Avidian Wealth Enterprises LLC now owns 35,726 shares of the company’s stock worth $1,968,000 after buying an additional 957 shares during the last quarter. Smith Thornton Advisors LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 1.1% during the second quarter. Smith Thornton Advisors LLC now owns 41,460 shares of the company’s stock worth $2,284,000 after buying an additional 463 shares during the period. D.A. Davidson & CO. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 4.7% during the second quarter. D.A. Davidson & CO. now owns 587,606 shares of the company’s stock valued at $32,377,000 after buying an additional 26,295 shares during the last quarter. Finally, Brookstone Capital Management increased its position in shares of Pacer US Cash Cows 100 ETF by 9.2% in the 2nd quarter. Brookstone Capital Management now owns 76,910 shares of the company’s stock valued at $4,238,000 after acquiring an additional 6,483 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ stock opened at $64.16 on Monday. The business has a fifty day moving average of $61.81 and a 200 day moving average of $59.06. Pacer US Cash Cows 100 ETF has a 1 year low of $46.64 and a 1 year high of $64.80. The firm has a market capitalization of $24.21 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95.

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.