Founders Financial Securities LLC Sells 23,119 Shares of Pacer US Cash Cows 100 ETF $COWZ

Founders Financial Securities LLC decreased its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 27.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,644 shares of the company’s stock after selling 23,119 shares during the quarter. Founders Financial Securities LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $3,600,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. increased its stake in Pacer US Cash Cows 100 ETF by 898.4% in the first quarter. Russell Investments Group Ltd. now owns 1,857 shares of the company’s stock valued at $102,000 after acquiring an additional 1,671 shares during the period. Delta Investment Management LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 6.9% during the first quarter. Delta Investment Management LLC now owns 7,174 shares of the company’s stock valued at $393,000 after purchasing an additional 460 shares in the last quarter. Clarity Asset Management Inc. boosted its holdings in Pacer US Cash Cows 100 ETF by 928.2% during the first quarter. Clarity Asset Management Inc. now owns 1,059 shares of the company’s stock valued at $58,000 after purchasing an additional 956 shares in the last quarter. Trexquant Investment LP grew its stake in shares of Pacer US Cash Cows 100 ETF by 27.2% in the 1st quarter. Trexquant Investment LP now owns 7,835 shares of the company’s stock valued at $429,000 after purchasing an additional 1,675 shares during the period. Finally, TD Capital Management LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 925.2% in the 1st quarter. TD Capital Management LLC now owns 1,671 shares of the company’s stock worth $91,000 after buying an additional 1,508 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Pacer US Cash Cows 100 ETF stock opened at $61.13 on Wednesday. The business has a 50 day simple moving average of $58.93 and a 200 day simple moving average of $57.37. The company has a market capitalization of $23.07 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $46.64 and a one year high of $61.92.

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.