Parcion Private Wealth LLC Reduces Stock Position in Pacer US Cash Cows 100 ETF $COWZ

Parcion Private Wealth LLC lessened its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 8.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 136,704 shares of the company’s stock after selling 12,915 shares during the quarter. Parcion Private Wealth LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $7,856,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Proffitt & Goodson Inc. acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter worth $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 about $26,000. Redwood Park Advisors LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the second quarter worth about $28,000. Newbridge Financial Services Group Inc. raised its stake in Pacer US Cash Cows 100 ETF by 1,217.5% during the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock worth $29,000 after purchasing an additional 487 shares during the period. Finally, Flaharty Asset Management LLC purchased a new position in Pacer US Cash Cows 100 ETF during the first quarter worth about $31,000.

Pacer US Cash Cows 100 ETF Price Performance

Pacer US Cash Cows 100 ETF stock opened at $61.26 on Tuesday. The firm has a 50 day simple moving average of $58.84 and a 200-day simple moving average of $57.33. Pacer US Cash Cows 100 ETF has a 1-year low of $46.64 and a 1-year high of $61.92. The stock has a market cap of $23.12 billion, a price-to-earnings 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.