IVC Wealth Advisors LLC Has $1.07 Million Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

IVC Wealth Advisors LLC trimmed its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 48.9% in the third quarter, Holdings Channel.com reports. The fund owned 18,626 shares of the company’s stock after selling 17,794 shares during the quarter. IVC Wealth Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,070,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Soundwatch Capital LLC raised its position in Pacer US Cash Cows 100 ETF by 47,952.1% in the second quarter. Soundwatch Capital LLC now owns 2,539,074 shares of the company’s stock worth $139,903,000 after purchasing an additional 2,533,790 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Pacer US Cash Cows 100 ETF by 57.5% during the first quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock valued at $77,771,000 after purchasing an additional 522,242 shares in the last quarter. Baird Financial Group Inc. grew its stake in shares of Pacer US Cash Cows 100 ETF by 2.7% in the 1st quarter. Baird Financial Group Inc. now owns 1,359,646 shares of the company’s stock valued at $74,454,000 after purchasing an additional 36,017 shares during the period. Focus Partners Wealth raised its holdings in shares of Pacer US Cash Cows 100 ETF by 1.8% in the 1st quarter. Focus Partners Wealth now owns 1,114,078 shares of the company’s stock worth $61,007,000 after buying an additional 19,487 shares in the last quarter. Finally, Capital Asset Advisory Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 6.9% in the 2nd quarter. Capital Asset Advisory Services LLC now owns 995,264 shares of the company’s stock worth $55,834,000 after buying an additional 64,300 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ stock opened at $60.91 on Friday. The stock’s fifty day simple moving average is $58.74 and its 200 day simple moving average is $57.23. The firm has a market cap of $22.99 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $46.64 and a one year high of $61.92.

About Pacer US Cash Cows 100 ETF

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.