IFP Advisors Inc Trims Holdings in Pacer US Cash Cows 100 ETF $COWZ

IFP Advisors Inc trimmed its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,419 shares of the company’s stock after selling 8,339 shares during the quarter. IFP Advisors Inc’s holdings in Pacer US Cash Cows 100 ETF were worth $7,546,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COWZ. Mercer Global Advisors Inc. ADV increased its holdings in Pacer US Cash Cows 100 ETF by 1,256.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock worth $51,139,000 after acquiring an additional 824,222 shares in the last quarter. Tcfg Wealth Management LLC increased its holdings in Pacer US Cash Cows 100 ETF by 2,851.3% in the 3rd quarter. Tcfg Wealth Management LLC now owns 386,323 shares of the company’s stock worth $22,202,000 after acquiring an additional 373,233 shares in the last quarter. Drucker Wealth 3.0 LLC boosted its stake in Pacer US Cash Cows 100 ETF by 171.2% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 338,631 shares of the company’s stock worth $19,461,000 after purchasing an additional 213,774 shares during the period. Thrivent Financial for Lutherans bought a new position in Pacer US Cash Cows 100 ETF in the 4th quarter worth approximately $12,771,000. Finally, AlphaCore Capital LLC boosted its stake in Pacer US Cash Cows 100 ETF by 38.4% in the 4th quarter. AlphaCore Capital LLC now owns 647,900 shares of the company’s stock worth $39,384,000 after purchasing an additional 179,669 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

COWZ stock opened at $63.51 on Thursday. Pacer US Cash Cows 100 ETF has a 1-year low of $52.82 and a 1-year high of $64.97. The company has a market capitalization of $23.97 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The business has a 50 day simple moving average of $62.67 and a two-hundred day simple moving average of $61.80.

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.