Holland Advisory Services Inc. Sells 3,115 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Holland Advisory Services Inc. decreased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 223,827 shares of the company’s stock after selling 3,115 shares during the period. Pacer US Cash Cows 100 ETF accounts for approximately 15.1% of Holland Advisory Services Inc.’s portfolio, making the stock its 2nd biggest position. Holland Advisory Services Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $12,196,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in COWZ. Wells Fargo & Company MN boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 9.5% in the 4th quarter. Wells Fargo & Company MN now owns 9,498,765 shares of the company’s stock valued at $493,841,000 after buying an additional 822,076 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 8.9% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 6,473,945 shares of the company’s stock valued at $376,201,000 after acquiring an additional 530,383 shares during the period. Raymond James & Associates increased its stake in shares of Pacer US Cash Cows 100 ETF by 20.8% during the 1st quarter. Raymond James & Associates now owns 6,383,907 shares of the company’s stock worth $370,969,000 after purchasing an additional 1,099,029 shares during the last quarter. UBS Group AG increased its stake in shares of Pacer US Cash Cows 100 ETF by 12.6% during the 4th quarter. UBS Group AG now owns 6,339,263 shares of the company’s stock worth $329,578,000 after purchasing an additional 709,324 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 21.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,324,179 shares of the company’s stock valued at $251,278,000 after purchasing an additional 772,136 shares during the period.

Pacer US Cash Cows 100 ETF Trading Down 0.5 %

Pacer US Cash Cows 100 ETF stock traded down $0.26 during midday trading on Wednesday, reaching $54.94. 1,899,799 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $55.07 and a 200-day moving average price of $55.05. The company has a market cap of $22.61 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.