Callan Capital LLC Decreases Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Callan Capital LLC reduced its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 14.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,689 shares of the company’s stock after selling 1,257 shares during the quarter. Callan Capital LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $400,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. LPL Financial LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 10.3% during the third quarter. LPL Financial LLC now owns 13,217,124 shares of the company’s stock valued at $653,322,000 after buying an additional 1,233,027 shares during the period. UBS Group AG raised its stake in shares of Pacer US Cash Cows 100 ETF by 0.6% in the third quarter. UBS Group AG now owns 5,629,939 shares of the company’s stock worth $278,288,000 after buying an additional 34,999 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in shares of Pacer US Cash Cows 100 ETF by 12.9% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 3,505,783 shares of the company’s stock valued at $173,291,000 after buying an additional 399,554 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Pacer US Cash Cows 100 ETF by 69.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,276,874 shares of the company’s stock worth $161,976,000 after acquiring an additional 1,341,873 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in Pacer US Cash Cows 100 ETF by 33.2% during the third quarter. Ameriprise Financial Inc. now owns 3,225,357 shares of the company’s stock valued at $159,047,000 after purchasing an additional 804,685 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 0.3 %

COWZ traded up $0.16 on Friday, hitting $55.55. 1,793,849 shares of the company’s stock traded hands. The company has a market capitalization of $22.35 billion, a price-to-earnings ratio of 8.87 and a beta of 0.81. The firm has a 50 day simple moving average of $55.70 and a 200 day simple moving average of $52.35.

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.