Hicks Capital Management LLC cut its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 27.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,703 shares of the company’s stock after selling 5,484 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for 1.3% of Hicks Capital Management LLC’s investment portfolio, making the stock its 17th largest position. Hicks Capital Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $810,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Proffitt & Goodson Inc. purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $25,000. Costello Asset Management INC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $26,000. Brentview Investment Management LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at approximately $27,000. Redwood Park Advisors LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $28,000. Finally, Flaharty Asset Management LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at approximately $31,000.
Pacer US Cash Cows 100 ETF Price Performance
Pacer US Cash Cows 100 ETF stock opened at $57.59 on Friday. The stock has a market capitalization of $21.73 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12 month low of $46.64 and a 12 month high of $61.92. The business has a 50 day simple moving average of $57.46 and a 200-day simple moving average of $55.55.
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.
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