International Assets Investment Management LLC Sells 1,800 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

International Assets Investment Management LLC reduced its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,655 shares of the company’s stock after selling 1,800 shares during the quarter. International Assets Investment Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,198,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc raised its position in shares of Pacer US Cash Cows 100 ETF by 1.5% in the fourth quarter. IFP Advisors Inc now owns 177,532 shares of the company’s stock valued at $10,027,000 after purchasing an additional 2,673 shares during the period. Rothschild Investment LLC increased its position in Pacer US Cash Cows 100 ETF by 1.7% during the fourth quarter. Rothschild Investment LLC now owns 19,332 shares of the company’s stock worth $1,092,000 after acquiring an additional 331 shares during the period. BankPlus Trust Department bought a new position in Pacer US Cash Cows 100 ETF during the fourth quarter worth about $917,000. Provident Wealth Management LLC increased its position in Pacer US Cash Cows 100 ETF by 8.5% during the fourth quarter. Provident Wealth Management LLC now owns 767,454 shares of the company’s stock worth $43,346,000 after acquiring an additional 59,979 shares during the period. Finally, Bryn Mawr Capital Management LLC increased its position in Pacer US Cash Cows 100 ETF by 7.8% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 300,578 shares of the company’s stock worth $16,977,000 after acquiring an additional 21,649 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 5.0%

Shares of Pacer US Cash Cows 100 ETF stock opened at $54.54 on Tuesday. The firm’s 50-day moving average price is $53.21 and its two-hundred day moving average price is $55.36. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $61.92. The company has a market capitalization of $21.36 billion, a price-to-earnings ratio of 14.99 and a beta of 0.95.

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.