Pacer US Cash Cows 100 ETF (BATS:COWZ) Shares Sold by Grant GrossMendelsohn LLC

Grant GrossMendelsohn LLC lowered its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 20.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 86,695 shares of the company’s stock after selling 21,904 shares during the period. Pacer US Cash Cows 100 ETF accounts for approximately 1.9% of Grant GrossMendelsohn LLC’s portfolio, making the stock its 14th biggest holding. Grant GrossMendelsohn LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,502,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Larson Financial Group LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 77.2% in the 3rd quarter. Larson Financial Group LLC now owns 512 shares of the company’s stock worth $25,000 after purchasing an additional 223 shares during the period. Farther Finance Advisors LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 2nd quarter valued at approximately $28,000. Bank of Montreal Can acquired a new position in shares of Pacer US Cash Cows 100 ETF in the 1st quarter worth approximately $30,000. Legacy Financial Group LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter worth approximately $31,000. Finally, Crewe Advisors LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter worth approximately $35,000.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ traded down $0.54 during mid-day trading on Monday, hitting $55.52. The stock had a trading volume of 1,895,327 shares. The stock has a market capitalization of $15.53 billion, a P/E ratio of 7.11 and a beta of 1.09. The company’s fifty day moving average price is $55.23 and its two-hundred day moving average price is $52.03.

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.