Financial Advocates Investment Management Sells 20,841 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Financial Advocates Investment Management reduced its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 204,273 shares of the company’s stock after selling 20,841 shares during the quarter. Financial Advocates Investment Management’s holdings in Pacer US Cash Cows 100 ETF were worth $11,537,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. bought a new position in shares of Pacer US Cash Cows 100 ETF in the third quarter valued at $45,000. Crews Bank & Trust acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $52,000. Investors Research Corp lifted its position in shares of Pacer US Cash Cows 100 ETF by 498.8% in the third quarter. Investors Research Corp now owns 1,006 shares of the company’s stock valued at $58,000 after buying an additional 838 shares during the last quarter. Key Financial Inc boosted its stake in shares of Pacer US Cash Cows 100 ETF by 56.7% during the 3rd quarter. Key Financial Inc now owns 1,133 shares of the company’s stock worth $66,000 after acquiring an additional 410 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF by 17.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after acquiring an additional 207 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 1.3 %

COWZ opened at $58.14 on Thursday. The firm has a fifty day simple moving average of $58.38 and a two-hundred day simple moving average of $57.66. The company has a market cap of $23.92 billion, a PE ratio of 8.66 and a beta of 0.79.

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.