Smart Money Group LLC Trims Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Smart Money Group LLC lessened its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 13.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,976 shares of the company’s stock after selling 968 shares during the period. Smart Money Group LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $338,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in COWZ. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Pacer US Cash Cows 100 ETF by 17.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after purchasing an additional 207 shares during the last quarter. Richardson Capital Management LLC grew its stake in Pacer US Cash Cows 100 ETF by 10.6% in the third quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock worth $125,000 after purchasing an additional 207 shares in the last quarter. MWA Asset Management increased its holdings in Pacer US Cash Cows 100 ETF by 2.8% in the third quarter. MWA Asset Management now owns 9,901 shares of the company’s stock valued at $573,000 after buying an additional 265 shares during the last quarter. Kraematon Investment Advisors Inc. increased its holdings in Pacer US Cash Cows 100 ETF by 1.8% in the fourth quarter. Kraematon Investment Advisors Inc. now owns 15,779 shares of the company’s stock valued at $891,000 after buying an additional 280 shares during the last quarter. Finally, Opinicus Capital Inc. raised its stake in Pacer US Cash Cows 100 ETF by 0.8% during the third quarter. Opinicus Capital Inc. now owns 42,469 shares of the company’s stock valued at $2,456,000 after buying an additional 323 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 1.8 %

BATS:COWZ opened at $58.41 on Monday. The company has a market cap of $24.03 billion, a P/E ratio of 8.66 and a beta of 0.79. The business’s 50 day moving average price is $58.71 and its 200 day moving average price is $57.31.

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.