Nwam LLC Sells 25,841 Shares of Pacer US Cash Cows 100 ETF $COWZ

Nwam LLC lowered its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 86.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 4,111 shares of the company’s stock after selling 25,841 shares during the quarter. Nwam LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $231,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its stake in Pacer US Cash Cows 100 ETF by 7.4% in the 1st quarter. Assetmark Inc. now owns 2,942 shares of the company’s stock worth $161,000 after purchasing an additional 202 shares in the last quarter. Bare Financial Services Inc purchased a new position in Pacer US Cash Cows 100 ETF in the first quarter worth about $95,000. PNC Financial Services Group Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 19.7% in the first quarter. PNC Financial Services Group Inc. now owns 11,584 shares of the company’s stock worth $634,000 after buying an additional 1,908 shares during the last quarter. Clay Northam Wealth Management LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 0.3% in the second quarter. Clay Northam Wealth Management LLC now owns 267,790 shares of the company’s stock worth $14,755,000 after buying an additional 862 shares in the last quarter. Finally, Aveo Capital Partners LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF by 24.1% during the first quarter. Aveo Capital Partners LLC now owns 127,082 shares of the company’s stock valued at $6,627,000 after buying an additional 24,709 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 2.1%

Shares of COWZ opened at $58.60 on Friday. Pacer US Cash Cows 100 ETF has a twelve month low of $46.64 and a twelve month high of $61.92. The company has a market capitalization of $22.12 billion, a P/E ratio of 14.17 and a beta of 0.95. The firm has a 50 day moving average of $57.51 and a 200 day moving average of $56.07.

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.