Tradition Wealth Management LLC Decreases Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Tradition Wealth Management LLC lowered its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 13.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,080 shares of the company’s stock after selling 3,804 shares during the period. Tradition Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,450,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of COWZ. LPL Financial LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 6.1% in the 3rd quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after purchasing an additional 1,132,656 shares in the last quarter. Raymond James & Associates boosted its position in Pacer US Cash Cows 100 ETF by 7.5% during the third quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock worth $418,453,000 after acquiring an additional 503,678 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in Pacer US Cash Cows 100 ETF by 4.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,731,230 shares of the company’s stock valued at $366,785,000 after acquiring an additional 257,285 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock valued at $348,981,000 after acquiring an additional 1,281,810 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 8.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock worth $304,288,000 after purchasing an additional 400,873 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 0.5 %

COWZ stock opened at $60.87 on Monday. The stock has a market capitalization of $25.04 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The firm has a 50-day moving average of $58.56 and a 200 day moving average of $56.60.

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.