Flagship Harbor Advisors LLC Sells 81,635 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Flagship Harbor Advisors LLC trimmed its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 67.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,228 shares of the company’s stock after selling 81,635 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,216,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in COWZ. Verition Fund Management LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the 3rd quarter worth approximately $239,000. Brass Tax Wealth Management Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 15.5% in the third quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock worth $804,000 after purchasing an additional 1,870 shares in the last quarter. Private Client Services LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 4.5% during the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after purchasing an additional 2,976 shares during the period. SPC Financial Inc. lifted its stake in shares of Pacer US Cash Cows 100 ETF by 4.8% during the 2nd quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock valued at $10,415,000 after buying an additional 8,839 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 4.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock worth $104,084,000 after buying an additional 70,617 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 2.2 %

BATS:COWZ opened at $58.65 on Monday. The firm’s 50 day simple moving average is $58.59 and its 200-day simple moving average is $57.48. The company has a market capitalization of $24.13 billion, a PE ratio of 8.66 and a beta of 0.79.

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.