Diversify Advisory Services LLC Lowers Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Diversify Advisory Services LLC cut its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,892 shares of the company’s stock after selling 2,030 shares during the period. Diversify Advisory Services LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,913,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. increased its stake in Pacer US Cash Cows 100 ETF by 137.0% during the second quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock worth $38,000 after purchasing an additional 400 shares during the period. Blue Trust Inc. purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter valued at about $45,000. Investors Research Corp increased its stake in Pacer US Cash Cows 100 ETF by 498.8% in the third quarter. Investors Research Corp now owns 1,006 shares of the company’s stock valued at $58,000 after purchasing an additional 838 shares during the last quarter. Key Financial Inc raised its stake in Pacer US Cash Cows 100 ETF by 56.7% during the 3rd quarter. Key Financial Inc now owns 1,133 shares of the company’s stock worth $66,000 after acquiring an additional 410 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Pacer US Cash Cows 100 ETF by 17.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after purchasing an additional 207 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS COWZ opened at $58.41 on Tuesday. The company has a fifty day moving average price of $58.68 and a 200 day moving average price of $57.34. The stock has a market capitalization 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.