Grant GrossMendelsohn LLC Trims Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Grant GrossMendelsohn LLC cut its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 14.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,275 shares of the company’s stock after selling 13,521 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 2.4% of Grant GrossMendelsohn LLC’s holdings, making the stock its 7th biggest holding. Grant GrossMendelsohn LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,609,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in COWZ. Blair William & Co. IL lifted its stake in shares of Pacer US Cash Cows 100 ETF by 19.7% in the second quarter. Blair William & Co. IL now owns 100,661 shares of the company’s stock worth $5,485,000 after acquiring an additional 16,568 shares during the period. Glass Jacobson Investment Advisors llc increased its holdings in Pacer US Cash Cows 100 ETF by 39.9% in the second quarter. Glass Jacobson Investment Advisors llc now owns 6,154 shares of the company’s stock worth $335,000 after purchasing an additional 1,755 shares in the last quarter. ProVise Management Group LLC lifted its stake in Pacer US Cash Cows 100 ETF by 30.2% in the second quarter. ProVise Management Group LLC now owns 7,908 shares of the company’s stock valued at $431,000 after buying an additional 1,836 shares during the period. Brighton Jones LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter worth approximately $270,000. Finally, Benjamin Edwards Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 0.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 33,418 shares of the company’s stock worth $1,821,000 after buying an additional 306 shares during the period.

Pacer US Cash Cows 100 ETF Stock Up 1.8 %

Pacer US Cash Cows 100 ETF stock opened at $58.41 on Friday. The firm has a market cap of $24.03 billion, a P/E ratio of 8.66 and a beta of 0.79. The company’s 50-day moving average is $58.71 and its two-hundred day moving average is $57.31.

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.