Pacer US Cash Cows 100 ETF $COWZ Stock Position Lessened by CMC Financial Group

CMC Financial Group cut its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 41.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 138,497 shares of the company’s stock after selling 98,164 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 14.7% of CMC Financial Group’s investment portfolio, making the stock its 2nd largest holding. CMC Financial Group’s holdings in Pacer US Cash Cows 100 ETF were worth $7,959,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Compass Financial Services Inc grew its position in Pacer US Cash Cows 100 ETF by 85.2% in the 3rd quarter. Compass Financial Services Inc now owns 463 shares of the company’s stock worth $27,000 after purchasing an additional 213 shares during the period. Newbridge Financial Services Group Inc. lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 1,217.5% during the 2nd 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 period. GAMMA Investing LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 3rd quarter valued at $34,000. Larson Financial Group LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 50.2% in the 3rd quarter. Larson Financial Group LLC now owns 604 shares of the company’s stock worth $35,000 after buying an additional 202 shares during the last quarter. Finally, Franklin Resources Inc. purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter worth $39,000.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $62.16 on Thursday. The firm has a market capitalization of $23.46 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $46.64 and a one year high of $64.97. The business has a fifty day moving average of $63.08 and a 200 day moving average of $60.18.

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.