Truist Financial Corp Cuts Stake in Pacer US Cash Cows 100 ETF $COWZ

Truist Financial Corp lowered its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 704,963 shares of the company’s stock after selling 11,506 shares during the period. Truist Financial Corp owned about 0.19% of Pacer US Cash Cows 100 ETF worth $42,418,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in COWZ. Sun Financial Inc purchased a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $1,052,000. Montag A & Associates Inc. purchased a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $54,000. Cairn Investment Group Inc. grew its stake in Pacer US Cash Cows 100 ETF by 9.0% in the fourth quarter. Cairn Investment Group Inc. now owns 11,340 shares of the company’s stock valued at $682,000 after purchasing an additional 940 shares during the last quarter. Aurora Private Wealth Inc. purchased a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $253,000. Finally, Benjamin Edwards Inc. grew its stake in Pacer US Cash Cows 100 ETF by 2.2% in the fourth quarter. Benjamin Edwards Inc. now owns 107,252 shares of the company’s stock valued at $6,454,000 after purchasing an additional 2,266 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $63.66 on Wednesday. The business’s 50-day moving average is $62.88 and its two-hundred day moving average is $61.36. Pacer US Cash Cows 100 ETF has a 1 year low of $51.79 and a 1 year high of $64.97. The firm has a market capitalization of $24.03 billion, a PE 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.