Oppenheimer & Co. Inc. Has $37.18 Million Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Oppenheimer & Co. Inc. decreased its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 642,940 shares of the company’s stock after selling 68,953 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for approximately 0.6% of Oppenheimer & Co. Inc.’s portfolio, making the stock its 22nd largest position. Oppenheimer & Co. Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $37,181,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Koshinski Asset Management Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF by 114.2% in the first quarter. Koshinski Asset Management Inc. now owns 8,567 shares of the company’s stock valued at $498,000 after buying an additional 4,567 shares during the last quarter. Delta Investment Management LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 28.2% in the first quarter. Delta Investment Management LLC now owns 8,027 shares of the company’s stock worth $466,000 after acquiring an additional 1,765 shares during the last quarter. Beacon Investment Advisory Services Inc. lifted its position in shares of Pacer US Cash Cows 100 ETF by 3.6% during the first quarter. Beacon Investment Advisory Services Inc. now owns 88,408 shares of the company’s stock worth $5,137,000 after purchasing an additional 3,109 shares in the last quarter. JBR Co Financial Management Inc increased its holdings in shares of Pacer US Cash Cows 100 ETF by 2.9% in the first quarter. JBR Co Financial Management Inc now owns 68,362 shares of the company’s stock valued at $3,973,000 after purchasing an additional 1,903 shares in the last quarter. Finally, Zega Financial LLC raised its position in Pacer US Cash Cows 100 ETF by 17.2% in the 1st quarter. Zega Financial LLC now owns 18,578 shares of the company’s stock worth $1,080,000 after purchasing an additional 2,730 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ traded down $0.56 during trading hours on Wednesday, hitting $59.70. 1,312,198 shares of the stock were exchanged. The company’s fifty day moving average is $57.58 and its 200 day moving average is $56.18. The firm has a market capitalization of $24.56 billion, a P/E ratio of 8.66 and a beta of 0.79.

Pacer US Cash Cows 100 ETF 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.