Pasadena Private Wealth LLC Trims Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Pasadena Private Wealth LLC decreased its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 41,306 shares of the company’s stock after selling 1,099 shares during the period. Pasadena Private Wealth LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,333,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. DecisionPoint Financial LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter valued at about $26,000. Human Investing LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $27,000. Bank of Jackson Hole Trust bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $37,000. Kestra Investment Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter valued at approximately $41,000. Finally, Blue Trust Inc. bought a new position in shares of Pacer US Cash Cows 100 ETF during the third quarter valued at $45,000.

Pacer US Cash Cows 100 ETF Stock Up 2.2 %

COWZ stock opened at $58.64 on Wednesday. The business has a fifty day simple moving average of $57.85 and a two-hundred day simple moving average of $57.74. The stock has a market capitalization of $24.13 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.