Pacer US Cash Cows 100 ETF $COWZ Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management lowered its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 45.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 124,783 shares of the company’s stock after selling 105,862 shares during the quarter. Financial Advocates Investment Management’s holdings in Pacer US Cash Cows 100 ETF were worth $6,876,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Proffitt & Goodson Inc. bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter worth about $25,000. Costello Asset Management INC bought a new position in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $26,000. Brentview Investment Management LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the first quarter valued at approximately $27,000. Redwood Park Advisors LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the second quarter valued at approximately $28,000. Finally, Flaharty Asset Management LLC bought a new stake in Pacer US Cash Cows 100 ETF during the first quarter worth approximately $31,000.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $58.19 on Tuesday. The business has a 50 day moving average price of $57.58 and a two-hundred day moving average price of $56.42. The company has a market capitalization of $21.96 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.

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.