Axxcess Wealth Management LLC Decreases Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

Axxcess Wealth Management LLC lessened its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 952,207 shares of the company’s stock after selling 13,150 shares during the period. Pacer US Cash Cows 100 ETF comprises approximately 1.2% of Axxcess Wealth Management LLC’s holdings, making the stock its 18th biggest holding. Axxcess Wealth Management LLC owned about 0.25% of Pacer US Cash Cows 100 ETF worth $54,723,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Avidian Wealth Enterprises LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 2.8% during the second quarter. Avidian Wealth Enterprises LLC now owns 35,726 shares of the company’s stock worth $1,968,000 after purchasing an additional 957 shares in the last quarter. Smith Thornton Advisors LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 1.1% in the second quarter. Smith Thornton Advisors LLC now owns 41,460 shares of the company’s stock valued at $2,284,000 after buying an additional 463 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Pacer US Cash Cows 100 ETF by 4.7% during the 2nd quarter. D.A. Davidson & CO. now owns 587,606 shares of the company’s stock valued at $32,377,000 after buying an additional 26,295 shares during the period. Brookstone Capital Management lifted its position in Pacer US Cash Cows 100 ETF by 9.2% during the 2nd quarter. Brookstone Capital Management now owns 76,910 shares of the company’s stock worth $4,238,000 after acquiring an additional 6,483 shares in the last quarter. Finally, Parcion Private Wealth LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 3.9% in the 2nd quarter. Parcion Private Wealth LLC now owns 149,619 shares of the company’s stock worth $8,244,000 after acquiring an additional 5,647 shares during the period.

Pacer US Cash Cows 100 ETF Trading Down 0.5%

BATS COWZ opened at $63.85 on Wednesday. The company’s fifty day simple moving average is $61.96 and its 200-day simple moving average is $59.18. Pacer US Cash Cows 100 ETF has a 52 week low of $46.64 and a 52 week high of $64.80. The stock has a market cap of $24.10 billion, a P/E ratio of 14.17 and a beta of 0.95.

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.