Gries Financial LLC Sells 1,696 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Gries Financial LLC cut its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 23.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,623 shares of the company’s stock after selling 1,696 shares during the quarter. Gries Financial LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $318,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth about $81,029,000. LPL Financial LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 6.1% in the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after buying an additional 1,132,656 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Pacer US Cash Cows 100 ETF by 230.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock worth $51,154,000 after acquiring an additional 616,518 shares during the period. Mount Yale Investment Advisors LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $30,897,000. Finally, Truist Financial Corp raised its stake in Pacer US Cash Cows 100 ETF by 150.4% in the 2nd quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock valued at $49,155,000 after acquiring an additional 541,800 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $58.96 on Friday. The company has a market capitalization of $24.26 billion, a PE ratio of 8.66 and a beta of 0.79. The stock’s 50 day moving average is $58.57 and its two-hundred day moving average is $57.61.

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.