Pacer US Cash Cows 100 ETF (BATS:COWZ) is Requisite Capital Management LLC’s 4th Largest Position

Requisite Capital Management LLC reduced its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 15.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,052,478 shares of the company’s stock after selling 191,492 shares during the quarter. Pacer US Cash Cows 100 ETF comprises about 13.0% of Requisite Capital Management LLC’s portfolio, making the stock its 4th largest holding. Requisite Capital Management LLC owned about 0.24% of Pacer US Cash Cows 100 ETF worth $57,634,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of COWZ. Raymond James Financial Inc. purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 4th quarter valued at approximately $867,906,000. Focus Partners Wealth raised its position in Pacer US Cash Cows 100 ETF by 1,026.4% during the 4th quarter. Focus Partners Wealth now owns 1,094,591 shares of the company’s stock worth $61,852,000 after buying an additional 997,412 shares during the last quarter. LPL Financial LLC raised its position in Pacer US Cash Cows 100 ETF by 4.7% during the 4th quarter. LPL Financial LLC now owns 20,693,823 shares of the company’s stock worth $1,168,787,000 after buying an additional 926,609 shares during the last quarter. Wells Fargo & Company MN raised its position in Pacer US Cash Cows 100 ETF by 5.7% during the 4th quarter. Wells Fargo & Company MN now owns 12,058,287 shares of the company’s stock worth $681,052,000 after buying an additional 652,842 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Pacer US Cash Cows 100 ETF by 7.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,591,340 shares of the company’s stock worth $428,759,000 after buying an additional 508,462 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 4.6%

COWZ opened at $54.77 on Tuesday. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $61.92. The firm has a market capitalization of $21.46 billion, a PE ratio of 14.99 and a beta of 0.95. The firm has a 50 day moving average of $52.16 and a two-hundred day moving average of $55.73.

About Pacer US Cash Cows 100 ETF

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.