Pacer US Cash Cows 100 ETF (BATS:COWZ) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Pacer US Cash Cows 100 ETF (BATS:COWZ – Get Free Report)’s share price crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $69.75 and traded as low as $69.12. Pacer US Cash Cows 100 ETF shares last traded at $69.45, with a volume of 1,239,346 shares.

Pacer US Cash Cows 100 ETF Stock Performance

The stock has a fifty day moving average of $69.75 and a 200 day moving average of $65.65. The company has a market capitalization of $26.21 billion, a PE ratio of 14.17 and a beta of 0.95.

Institutional Investors Weigh In On Pacer US Cash Cows 100 ETF

Several hedge funds have recently modified their holdings of COWZ. Commonwealth Equity Services LLC bought a new position in Pacer US Cash Cows 100 ETF in the 3rd quarter valued at $164,145,000. Sequoia Financial Advisors LLC increased its holdings in Pacer US Cash Cows 100 ETF by 1.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 1,824,648 shares of the company’s stock worth $114,150,000 after acquiring an additional 23,487 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in Pacer US Cash Cows 100 ETF by 4.9% in the first quarter. Kestra Advisory Services LLC now owns 1,729,166 shares of the company’s stock worth $108,177,000 after purchasing an additional 80,307 shares during the last quarter. Evensky & Katz LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the third quarter worth $57,327,000. Finally, AlphaCore Capital LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 5.8% in the 3rd quarter. AlphaCore Capital LLC now owns 692,337 shares of the company’s stock worth $46,220,000 after buying an additional 37,782 shares during the period.

Pacer US Cash Cows 100 ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Pacer US Cash Cows 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer US Cash Cows 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.