Park Avenue Securities LLC Trims Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Park Avenue Securities LLC trimmed its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZFree Report) by 10.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 100,079 shares of the company’s stock after selling 12,125 shares during the period. Park Avenue Securities LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $5,788,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Rocky Mountain Advisers LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth approximately $26,000. American Capital Advisory LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the second quarter worth $26,000. GoalVest Advisory LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the second quarter valued at $29,000. Central Bank & Trust Co. purchased a new position in Pacer US Cash Cows 100 ETF in the second quarter valued at $31,000. Finally, Strategic Financial Concepts LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 260.8% in the second quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock worth $32,000 after acquiring an additional 42,367 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 0.9 %

Shares of BATS:COWZ traded up $0.50 during trading on Friday, reaching $58.37. 1,248,231 shares of the company’s stock traded hands. The stock has a fifty day simple moving average of $56.50 and a 200-day simple moving average of $55.91. The stock has a market cap of $24.02 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

Pacer US Cash Cows 100 ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding COWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Cash Cows 100 ETF (BATS:COWZFree Report).

Institutional Ownership by Quarter for Pacer US Cash Cows 100 ETF (BATS:COWZ)

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