Pacer US Cash Cows 100 ETF $COWZ Position Reduced by Copia Wealth Management

Copia Wealth Management lessened its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.0% during the second quarter, Holdings Channel.com reports. The firm owned 71,383 shares of the company’s stock after selling 1,435 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for 3.3% of Copia Wealth Management’s investment portfolio, making the stock its 6th largest holding. Copia Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $3,933,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in COWZ. Sequoia Financial Advisors LLC purchased a new position in Pacer US Cash Cows 100 ETF in the 1st quarter worth $93,107,000. AlphaCore Capital LLC purchased a new position in Pacer US Cash Cows 100 ETF in the 1st quarter worth $37,685,000. SCS Capital Management LLC purchased a new position in Pacer US Cash Cows 100 ETF in the 1st quarter worth $31,831,000. LPL Financial LLC raised its position in Pacer US Cash Cows 100 ETF by 2.6% in the 1st quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock worth $1,162,523,000 after purchasing an additional 535,597 shares during the period. Finally, Jones Financial Companies Lllp raised its position in Pacer US Cash Cows 100 ETF by 57.5% in the 1st quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock worth $77,771,000 after purchasing an additional 522,242 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 1.1%

Shares of BATS:COWZ opened at $56.74 on Wednesday. The company’s fifty day moving average is $57.18 and its 200 day moving average is $54.98. Pacer US Cash Cows 100 ETF has a 52 week low of $46.64 and a 52 week high of $61.92. The stock has a market cap of $21.41 billion, a PE ratio of 14.17 and a beta of 0.95.

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.