CMC Financial Group Sells 83,527 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

CMC Financial Group cut its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 23.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 266,236 shares of the company’s stock after selling 83,527 shares during the period. Pacer US Cash Cows 100 ETF accounts for 32.1% of CMC Financial Group’s portfolio, making the stock its largest position. CMC Financial Group owned approximately 0.06% of Pacer US Cash Cows 100 ETF worth $15,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in COWZ. Citigroup Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 3.0% in the third quarter. Citigroup Inc. now owns 735,475 shares of the company’s stock valued at $42,533,000 after acquiring an additional 21,216 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 21.4% during the third quarter. Kingsview Wealth Management LLC now owns 86,030 shares of the company’s stock worth $4,975,000 after purchasing an additional 15,151 shares during the period. Lane & Associates LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 24.8% during the third quarter. Lane & Associates LLC now owns 71,131 shares of the company’s stock worth $4,114,000 after purchasing an additional 14,147 shares during the period. Fisher Asset Management LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 12.8% during the third quarter. Fisher Asset Management LLC now owns 11,750 shares of the company’s stock worth $680,000 after purchasing an additional 1,330 shares during the period. Finally, Private Trust Co. NA raised its holdings in shares of Pacer US Cash Cows 100 ETF by 13.7% during the third quarter. Private Trust Co. NA now owns 33,924 shares of the company’s stock worth $1,962,000 after purchasing an additional 4,091 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS:COWZ opened at $54.99 on Monday. The stock has a market capitalization of $23.92 billion, a price-to-earnings ratio of 13.17 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 1-year low of $53.03 and a 1-year high of $61.92. The company’s fifty day moving average is $57.17 and its two-hundred day moving average is $57.77.

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.