Pacer US Cash Cows 100 ETF (BATS:COWZ) Stock Position Lessened by Team Financial Group LLC

Team Financial Group LLC cut its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 119,781 shares of the company’s stock after selling 687 shares during the quarter. Pacer US Cash Cows 100 ETF comprises about 4.0% of Team Financial Group LLC’s holdings, making the stock its 8th largest position. Team Financial Group LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $6,765,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerro Pacific Wealth Advisors LLC increased its holdings in Pacer US Cash Cows 100 ETF by 14.1% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 64,550 shares of the company’s stock worth $3,733,000 after acquiring an additional 7,965 shares during the period. Key Client Fiduciary Advisors LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 2.4% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 12,861 shares of the company’s stock valued at $726,000 after purchasing an additional 305 shares in the last quarter. IVC Wealth Advisors LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 6.0% during the 4th quarter. IVC Wealth Advisors LLC now owns 133,123 shares of the company’s stock valued at $7,519,000 after purchasing an additional 7,563 shares in the last quarter. Madrona Financial Services LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 7.1% in the fourth quarter. Madrona Financial Services LLC now owns 237,057 shares of the company’s stock worth $13,389,000 after purchasing an additional 15,627 shares during the period. Finally, Goldstein Advisors LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 4.5% in the fourth quarter. Goldstein Advisors LLC now owns 431,556 shares of the company’s stock worth $24,374,000 after buying an additional 18,540 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $58.84 on Friday. The stock has a market capitalization of $24.21 billion, a PE ratio of 8.66 and a beta of 0.79. The business’s 50 day simple moving average is $58.61 and its 200-day simple moving average is $57.44.

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.