IFP Advisors Inc Sells 8,339 Shares of Pacer US Cash Cows 100 ETF $COWZ

IFP Advisors Inc trimmed its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.2% in the 4th quarter, HoldingsChannel reports. The firm owned 125,419 shares of the company’s stock after selling 8,339 shares during the quarter. IFP Advisors Inc’s holdings in Pacer US Cash Cows 100 ETF were worth $7,546,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Balentine LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 3rd quarter valued at approximately $742,000. Northbridge Financial Group LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at approximately $5,342,000. Capital Asset Advisory Services LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 1.9% during the 4th quarter. Capital Asset Advisory Services LLC now owns 975,844 shares of the company’s stock valued at $60,083,000 after acquiring an additional 17,863 shares during the last quarter. Cary Street Partners Financial LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 11.1% during the 3rd quarter. Cary Street Partners Financial LLC now owns 186,738 shares of the company’s stock valued at $10,732,000 after acquiring an additional 18,701 shares during the last quarter. Finally, Compound Planning Inc. boosted its position in shares of Pacer US Cash Cows 100 ETF by 6.1% during the 3rd quarter. Compound Planning Inc. now owns 279,581 shares of the company’s stock valued at $16,068,000 after acquiring an additional 16,066 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS COWZ opened at $63.51 on Thursday. The company has a market capitalization of $23.97 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $52.82 and a one year high of $64.97. The stock has a 50 day moving average price of $62.67 and a 200-day moving average price of $61.80.

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.