Pacer US Cash Cows 100 ETF (BATS:COWZ) Stake Decreased by Team Financial Group LLC

Team Financial Group LLC cut its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.6% in the 4th quarter, Holdings Channel reports. The fund owned 119,781 shares of the company’s stock after selling 687 shares during the quarter. Pacer US Cash Cows 100 ETF comprises about 4.0% of Team Financial Group LLC’s holdings, making the stock its 8th largest position. Team Financial Group LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $6,765,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in shares of 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 worth $1,143,138,000 after purchasing an additional 1,132,656 shares in the last quarter. Raymond James & Associates boosted its stake in Pacer US Cash Cows 100 ETF by 7.5% in the third quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock worth $418,453,000 after buying an additional 503,678 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in Pacer US Cash Cows 100 ETF by 8.2% in the third quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock worth $304,288,000 after buying an additional 400,873 shares in the last quarter. Cetera Investment Advisers grew its position 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 acquiring an additional 470,872 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 6.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,888,102 shares of the company’s stock worth $109,189,000 after acquiring an additional 111,670 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $58.84 on Friday. The company has a market cap of $24.21 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The firm’s 50 day simple moving average is $58.61 and its two-hundred day simple moving average is $57.44.

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.