Intelligence Driven Advisers LLC Sells 80,846 Shares of Pacer US Cash Cows 100 ETF $COWZ

Intelligence Driven Advisers LLC cut its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 23.3% during the first quarter, HoldingsChannel.com reports. The firm owned 265,519 shares of the company’s stock after selling 80,846 shares during the period. Pacer US Cash Cows 100 ETF accounts for 2.9% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 10th biggest position. Intelligence Driven Advisers LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $16,611,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Motiv8 Investments LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 4th quarter worth $26,000. Field & Main Bank acquired a new position in Pacer US Cash Cows 100 ETF during the 4th quarter valued at about $27,000. Colonial Trust Co SC increased its position in Pacer US Cash Cows 100 ETF by 175.6% during the 4th quarter. Colonial Trust Co SC now owns 496 shares of the company’s stock valued at $30,000 after buying an additional 316 shares in the last quarter. Newbridge Financial Services Group Inc. raised its stake in Pacer US Cash Cows 100 ETF by 1,217.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after buying an additional 487 shares during the last quarter. Finally, Simplex Trading LLC raised its stake in Pacer US Cash Cows 100 ETF by 75.6% in the fourth quarter. Simplex Trading LLC now owns 539 shares of the company’s stock valued at $32,000 after buying an additional 232 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS COWZ opened at $64.89 on Monday. The company has a market cap of $24.49 billion, a PE ratio of 14.17 and a beta of 0.95. The business has a 50-day simple moving average of $63.73 and a two-hundred day simple moving average of $63.15. Pacer US Cash Cows 100 ETF has a fifty-two week low of $54.82 and a fifty-two week high of $65.95.

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.