Able Wealth Management LLC Sells 496 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Able Wealth Management LLC lessened its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,253 shares of the company’s stock after selling 496 shares during the quarter. Able Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,144,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. DecisionPoint Financial LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF in the 4th quarter valued at $26,000. Human Investing LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter worth $27,000. Bank of Jackson Hole Trust bought a new position in Pacer US Cash Cows 100 ETF during the fourth quarter worth about $37,000. Kestra Investment Management LLC acquired a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $41,000. Finally, Blue Trust Inc. bought a new stake in shares of Pacer US Cash Cows 100 ETF in the third quarter worth about $45,000.

Pacer US Cash Cows 100 ETF Stock Performance

BATS COWZ opened at $58.73 on Thursday. The firm has a market capitalization of $24.16 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The stock’s 50 day simple moving average is $57.81 and its 200-day simple moving average is $57.75.

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.