Pacer US Cash Cows 100 ETF $COWZ Shares Sold by Hollencrest Capital Management

Hollencrest Capital Management trimmed its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 99.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 683 shares of the company’s stock after selling 470,674 shares during the period. Hollencrest Capital Management’s holdings in Pacer US Cash Cows 100 ETF were worth $38,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Soundwatch Capital LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 47,952.1% in the 2nd quarter. Soundwatch Capital LLC now owns 2,539,074 shares of the company’s stock worth $139,903,000 after buying an additional 2,533,790 shares in the last quarter. SCS Capital Management LLC acquired a new position in Pacer US Cash Cows 100 ETF during the first quarter worth about $31,831,000. Jones Financial Companies Lllp raised its position in 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 acquiring an additional 522,242 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in Pacer US Cash Cows 100 ETF in the 2nd quarter valued at about $17,193,000. Finally, Great Valley Advisor Group Inc. lifted its holdings in Pacer US Cash Cows 100 ETF by 104.6% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 527,287 shares of the company’s stock valued at $29,053,000 after acquiring an additional 269,560 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $61.41 on Tuesday. The firm’s 50 day moving average is $58.43 and its 200-day moving average is $57.08. The stock has a market capitalization of $23.18 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $61.92.

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.