Northeast Financial Consultants Inc Decreases Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Northeast Financial Consultants Inc cut its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 815,088 shares of the company’s stock after selling 1,703 shares during the quarter. Pacer US Cash Cows 100 ETF makes up approximately 1.9% of Northeast Financial Consultants Inc’s portfolio, making the stock its 12th biggest position. Northeast Financial Consultants Inc owned 0.20% of Pacer US Cash Cows 100 ETF worth $46,036,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in COWZ. Raymond James Financial Inc. acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth about $867,906,000. Janney Montgomery Scott LLC purchased a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $81,029,000. Focus Partners Wealth raised its holdings in Pacer US Cash Cows 100 ETF by 1,026.4% during the fourth quarter. Focus Partners Wealth now owns 1,094,591 shares of the company’s stock worth $61,852,000 after purchasing an additional 997,412 shares in the last quarter. LPL Financial LLC lifted its position in shares of 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. Finally, Wells Fargo & Company MN lifted its position in shares of 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.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ stock opened at $54.50 on Wednesday. The stock’s 50-day moving average is $52.53 and its two-hundred day moving average is $56.28. Pacer US Cash Cows 100 ETF has a 1 year low of $46.64 and a 1 year high of $61.92. The firm has a market cap of $21.64 billion, a price-to-earnings ratio of 14.76 and a beta of 0.97.

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.