Pacer US Cash Cows 100 ETF (BATS:COWZ) Holdings Trimmed by Fortis Advisors LLC

Fortis Advisors LLC lowered its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,198 shares of the company’s stock after selling 4,067 shares during the period. Pacer US Cash Cows 100 ETF makes up 2.4% of Fortis Advisors LLC’s portfolio, making the stock its 12th biggest position. Fortis Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $3,655,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of COWZ. Thurston Springer Miller Herd & Titak Inc. increased its stake in Pacer US Cash Cows 100 ETF by 17.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after buying an additional 207 shares during the period. Richardson Capital Management LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 10.6% in the third quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock worth $125,000 after acquiring an additional 207 shares during the last quarter. Lodestone Wealth Management LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 0.6% during the second quarter. Lodestone Wealth Management LLC now owns 51,994 shares of the company’s stock worth $2,833,000 after acquiring an additional 289 shares in the last quarter. Benjamin Edwards Inc. boosted its position in Pacer US Cash Cows 100 ETF by 0.9% during the second quarter. Benjamin Edwards Inc. now owns 33,418 shares of the company’s stock valued at $1,821,000 after purchasing an additional 306 shares during the last quarter. Finally, Global Financial Private Client LLC grew its stake in Pacer US Cash Cows 100 ETF by 1.3% in the second quarter. Global Financial Private Client LLC now owns 24,241 shares of the company’s stock valued at $1,321,000 after purchasing an additional 309 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ stock opened at $59.11 on Tuesday. The business has a fifty day moving average price of $57.87 and a 200-day moving average price of $56.30. The firm has a market cap of $24.32 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.