Gerber LLC Trims Stake in Pacer US Cash Cows 100 ETF $COWZ

Gerber LLC lessened its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 44.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,317 shares of the company’s stock after selling 63,792 shares during the period. Pacer US Cash Cows 100 ETF makes up 2.6% of Gerber LLC’s investment portfolio, making the stock its 12th largest position. Gerber LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,712,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of COWZ. Mercer Global Advisors Inc. ADV lifted its position in Pacer US Cash Cows 100 ETF by 1,256.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock valued at $51,139,000 after buying an additional 824,222 shares during the last quarter. Thrivent Financial for Lutherans purchased a new position in Pacer US Cash Cows 100 ETF during the second quarter worth about $36,853,000. Tcfg Wealth Management LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 2,851.3% during the third quarter. Tcfg Wealth Management LLC now owns 386,323 shares of the company’s stock valued at $22,202,000 after acquiring an additional 373,233 shares during the last quarter. Great Valley Advisor Group Inc. raised its stake in shares of 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 period. Finally, Drucker Wealth 3.0 LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 171.2% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 338,631 shares of the company’s stock valued at $19,461,000 after acquiring an additional 213,774 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ stock opened at $62.53 on Monday. The firm has a market cap of $23.60 billion, a P/E ratio of 14.17 and a beta of 0.95. The firm’s 50 day moving average price is $63.15 and its 200-day moving average price is $60.60. Pacer US Cash Cows 100 ETF has a one year low of $46.64 and a one year high of $64.97.

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.