Cresset Asset Management LLC Decreases Stock Position in Pacer US Cash Cows 100 ETF $COWZ

Cresset Asset Management LLC cut its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 36.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,879 shares of the company’s stock after selling 48,368 shares during the quarter. Cresset Asset Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,878,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in COWZ. Compass Financial Services Inc raised its stake in shares of Pacer US Cash Cows 100 ETF by 85.2% in the third quarter. Compass Financial Services Inc now owns 463 shares of the company’s stock worth $27,000 after purchasing an additional 213 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its position in shares of Pacer US Cash Cows 100 ETF by 1,217.5% during the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after buying an additional 487 shares during the last quarter. GAMMA Investing LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the third quarter worth approximately $34,000. Smartleaf Asset Management LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the second quarter valued at approximately $40,000. Finally, Missouri Trust & Investment Co purchased a new position in shares of Pacer US Cash Cows 100 ETF during the third quarter valued at approximately $49,000.

Pacer US Cash Cows 100 ETF Stock Down 0.4%

Shares of Pacer US Cash Cows 100 ETF stock opened at $63.50 on Friday. Pacer US Cash Cows 100 ETF has a twelve month low of $46.64 and a twelve month high of $64.97. The company’s 50 day moving average is $62.76 and its 200 day moving average is $59.88. The company has a market cap of $23.96 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95.

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.