Ameriprise Financial Inc. Reduces Holdings in Pacer US Cash Cows 100 ETF $COWZ

Ameriprise Financial Inc. decreased its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 23.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,229,904 shares of the company’s stock after selling 1,301,227 shares during the period. Ameriprise Financial Inc. owned 1.12% of Pacer US Cash Cows 100 ETF worth $243,055,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Creative Planning lifted its holdings in Pacer US Cash Cows 100 ETF by 18.4% in the 3rd quarter. Creative Planning now owns 33,297 shares of the company’s stock valued at $1,914,000 after purchasing an additional 5,179 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Pacer US Cash Cows 100 ETF by 126.5% in the third quarter. Tower Research Capital LLC TRC now owns 80,948 shares of the company’s stock valued at $4,652,000 after buying an additional 45,213 shares during the last quarter. Two Sigma Investments LP purchased a new position in shares of Pacer US Cash Cows 100 ETF during the third quarter valued at approximately $259,000. Wood Tarver Financial Group LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 1.8% during the third quarter. Wood Tarver Financial Group LLC now owns 148,047 shares of the company’s stock valued at $8,508,000 after buying an additional 2,683 shares during the period. Finally, Newbridge Financial Services Group Inc. boosted its position in Pacer US Cash Cows 100 ETF by 34.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 706 shares of the company’s stock worth $41,000 after acquiring an additional 179 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $62.56 on Tuesday. The stock has a market capitalization of $23.61 billion, a P/E 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 $64.97. The company has a 50 day moving average price of $63.03 and a two-hundred day moving average price of $60.13.

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.