Prosperitas Financial LLC Cuts Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Prosperitas Financial LLC decreased its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 86.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,236 shares of the company’s stock after selling 47,187 shares during the quarter. Prosperitas Financial LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $418,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 17.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after buying an additional 207 shares during the last quarter. Lodestone Wealth Management LLC lifted its position in Pacer US Cash Cows 100 ETF by 0.6% in the 2nd quarter. Lodestone Wealth Management LLC now owns 51,994 shares of the company’s stock valued at $2,833,000 after acquiring an additional 289 shares in the last quarter. Benjamin Edwards Inc. boosted its stake in Pacer US Cash Cows 100 ETF by 0.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 33,418 shares of the company’s stock valued at $1,821,000 after purchasing an additional 306 shares during the last quarter. Global Financial Private Client LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 1.3% in the 2nd quarter. Global Financial Private Client LLC now owns 24,241 shares of the company’s stock worth $1,321,000 after purchasing an additional 309 shares in the last quarter. Finally, M3 Advisory Group LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 5.7% in the second quarter. M3 Advisory Group LLC now owns 6,345 shares of the company’s stock worth $346,000 after purchasing an additional 344 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS:COWZ opened at $57.21 on Friday. The company has a market capitalization of $23.54 billion, a P/E ratio of 8.66 and a beta of 0.79. The firm’s 50-day simple moving average is $57.33 and its two-hundred day simple moving average is $55.98.

Pacer US Cash Cows 100 ETF Company 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.