DAVENPORT & Co LLC Decreases Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

DAVENPORT & Co LLC lowered its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 226,106 shares of the company’s stock after selling 5,708 shares during the quarter. DAVENPORT & Co LLC owned about 0.05% of Pacer US Cash Cows 100 ETF worth $12,770,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of COWZ. Thurston Springer Miller Herd & Titak Inc. grew its position in Pacer US Cash Cows 100 ETF by 17.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after acquiring an additional 207 shares in the last quarter. Richardson Capital Management LLC grew its holdings in Pacer US Cash Cows 100 ETF by 10.6% during the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock valued at $125,000 after purchasing an additional 207 shares in the last quarter. Mutual Advisors LLC increased its stake in Pacer US Cash Cows 100 ETF by 1.5% during the 4th quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock worth $905,000 after buying an additional 229 shares during the period. Accel Wealth Management increased its stake in Pacer US Cash Cows 100 ETF by 7.4% during the 4th quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock worth $217,000 after buying an additional 264 shares during the period. Finally, MWA Asset Management lifted its holdings in Pacer US Cash Cows 100 ETF by 2.8% in the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock worth $573,000 after buying an additional 265 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 1.1 %

Shares of Pacer US Cash Cows 100 ETF stock opened at $58.04 on Monday. The firm has a market capitalization of $23.88 billion, a P/E ratio of 8.66 and a beta of 0.79. The firm’s fifty day simple moving average is $58.54 and its 200-day simple moving average is $57.63.

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.