Pinnacle Bancorp Inc. Decreases Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Pinnacle Bancorp Inc. cut its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,914 shares of the company’s stock after selling 303 shares during the period. Pinnacle Bancorp Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. LPL Financial LLC grew its stake in Pacer US Cash Cows 100 ETF by 4.7% during the 4th quarter. LPL Financial LLC now owns 20,693,823 shares of the company’s stock valued at $1,168,787,000 after acquiring an additional 926,609 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $867,906,000. Wells Fargo & Company MN grew its position in shares of Pacer US Cash Cows 100 ETF by 5.7% in the fourth quarter. Wells Fargo & Company MN now owns 12,058,287 shares of the company’s stock valued at $681,052,000 after purchasing an additional 652,842 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF by 7.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,591,340 shares of the company’s stock valued at $428,759,000 after purchasing an additional 508,462 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 2.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 5,374,353 shares of the company’s stock valued at $303,543,000 after purchasing an additional 112,586 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $54.34 on Thursday. The business’s 50 day moving average price is $53.38 and its 200 day moving average price is $55.27. The company has a market cap of $20.51 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $46.64 and a one year high of $61.92.

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.