Retirement Planning Group LLC Sells 116,689 Shares of Pacer US Cash Cows 100 ETF $COWZ

Retirement Planning Group LLC decreased its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 32.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 239,480 shares of the company’s stock after selling 116,689 shares during the period. Pacer US Cash Cows 100 ETF accounts for about 0.6% of Retirement Planning Group LLC’s portfolio, making the stock its 25th largest holding. Retirement Planning Group LLC owned 0.06% of Pacer US Cash Cows 100 ETF worth $13,195,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Sequoia Financial Advisors LLC bought a new stake in Pacer US Cash Cows 100 ETF in the 1st quarter valued at about $93,107,000. AlphaCore Capital LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth approximately $37,685,000. SCS Capital Management LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth approximately $31,831,000. LPL Financial LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 2.6% during the 1st quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock worth $1,162,523,000 after acquiring an additional 535,597 shares during the period. Finally, Jones Financial Companies Lllp increased its position in Pacer US Cash Cows 100 ETF by 57.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock worth $77,771,000 after purchasing an additional 522,242 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

COWZ stock opened at $57.90 on Wednesday. The company has a 50 day simple moving average of $57.33 and a 200 day simple moving average of $55.09. The stock has a market cap of $21.85 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 1 year low of $46.64 and a 1 year high of $61.92.

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.