Pacer US Cash Cows 100 ETF (BATS:COWZ) Stake Trimmed by Summit Wealth Partners LLC

Summit Wealth Partners LLC lowered its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,575 shares of the company’s stock after selling 2,018 shares during the quarter. Summit Wealth Partners LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,896,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. increased its stake in 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 in the last quarter. Richardson Capital Management LLC boosted its position in Pacer US Cash Cows 100 ETF by 10.6% during the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock worth $125,000 after acquiring an additional 207 shares during the period. Mutual Advisors LLC boosted its position in Pacer US Cash Cows 100 ETF by 1.5% during the 4th quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock worth $905,000 after acquiring an additional 229 shares during the period. Accel Wealth Management boosted its position in Pacer US Cash Cows 100 ETF by 7.4% during the 4th quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock worth $217,000 after acquiring an additional 264 shares during the period. Finally, MWA Asset Management boosted its position in Pacer US Cash Cows 100 ETF by 2.8% during the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock worth $573,000 after acquiring an additional 265 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS COWZ opened at $58.14 on Thursday. The firm has a market cap of $23.92 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The business’s 50 day simple moving average is $58.38 and its 200-day simple moving average is $57.66.

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.