49 Wealth Management LLC Has $1.25 Million Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

49 Wealth Management LLC lowered its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 28.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,616 shares of the company’s stock after selling 8,823 shares during the period. 49 Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,246,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. AlphaCore Capital LLC acquired a new stake in Pacer US Cash Cows 100 ETF in the 1st quarter worth approximately $37,685,000. SCS Capital Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at approximately $31,831,000. LPL Financial LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 2.6% in the first quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock valued at $1,162,523,000 after purchasing an additional 535,597 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Pacer US Cash Cows 100 ETF by 57.5% in the first quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock worth $77,771,000 after buying an additional 522,242 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 7,146.5% during the 1st quarter. Bleakley Financial Group LLC now owns 321,891 shares of the company’s stock worth $17,627,000 after buying an additional 317,449 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 0.8%

BATS:COWZ opened at $57.88 on Monday. Pacer US Cash Cows 100 ETF has a 1 year low of $46.64 and a 1 year high of $61.92. The firm has a market capitalization of $21.84 billion, a PE ratio of 14.17 and a beta of 0.95. The firm’s fifty day simple moving average is $57.44 and its 200 day simple moving average is $55.94.

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.