Pacer US Cash Cows 100 ETF (BATS:COWZ) Stock Short Interest Declines 49.2%

Pacer US Cash Cows 100 ETF (BATS:COWZ) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 200,348 shares, a decrease of 49.2% from the September 15th total of 394,632 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,019,529 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Pacer US Cash Cows 100 ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 1.3% during the first quarter. Sequoia Financial Advisors LLC now owns 1,824,648 shares of the company’s stock valued at $114,150,000 after acquiring an additional 23,487 shares during the last quarter. Kestra Advisory Services LLC raised its stake in Pacer US Cash Cows 100 ETF by 4.9% in the 1st quarter. Kestra Advisory Services LLC now owns 1,729,166 shares of the company’s stock valued at $108,177,000 after purchasing an additional 80,307 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in Pacer US Cash Cows 100 ETF by 1.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 968,064 shares of the company’s stock valued at $58,248,000 after purchasing an additional 15,857 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in Pacer US Cash Cows 100 ETF by 47.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 826,983 shares of the company’s stock valued at $49,761,000 after purchasing an additional 265,989 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in Pacer US Cash Cows 100 ETF by 0.3% in the 1st quarter. D.A. Davidson & CO. now owns 678,870 shares of the company’s stock valued at $42,470,000 after purchasing an additional 1,968 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $69.09 on Wednesday. The stock has a market capitalization of $26.07 billion, a PE ratio of 14.17 and a beta of 0.95. The company has a fifty day moving average of $69.73 and a 200-day moving average of $65.76. Pacer US Cash Cows 100 ETF has a one year low of $55.69 and a one year high of $72.52.

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.