Annex Advisory Services LLC Trims Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Annex Advisory Services LLC trimmed its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 8.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,766 shares of the company’s stock after selling 6,738 shares during the quarter. Annex Advisory Services LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $3,940,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in COWZ. LPL Financial LLC lifted its stake in Pacer US Cash Cows 100 ETF by 6.1% in the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock worth $1,143,138,000 after acquiring an additional 1,132,656 shares during the period. Raymond James & Associates lifted its position in shares of Pacer US Cash Cows 100 ETF by 7.5% in the 3rd quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock worth $418,453,000 after purchasing an additional 503,678 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 8.2% during the third quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock valued at $304,288,000 after purchasing an additional 400,873 shares in the last quarter. Cetera Investment Advisers increased its holdings in Pacer US Cash Cows 100 ETF by 12.1% during the second quarter. Cetera Investment Advisers now owns 4,347,535 shares of the company’s stock valued at $236,897,000 after buying an additional 470,872 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Pacer US Cash Cows 100 ETF by 6.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,888,102 shares of the company’s stock worth $109,189,000 after buying an additional 111,670 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS COWZ opened at $58.41 on Monday. The firm’s 50-day moving average is $58.71 and its two-hundred day moving average is $57.31. The company has a market cap of $24.03 billion, a PE 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.