Sage Advisory Services Ltd.Co. Cuts Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Sage Advisory Services Ltd.Co. cut its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 65.7% during the fourth quarter, HoldingsChannel reports. The firm owned 164,655 shares of the company’s stock after selling 315,290 shares during the period. Pacer US Cash Cows 100 ETF accounts for about 5.5% of Sage Advisory Services Ltd.Co.’s holdings, making the stock its 7th largest position. Sage Advisory Services Ltd.Co.’s holdings in Pacer US Cash Cows 100 ETF were worth $9,300,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Verition Fund Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the third quarter worth about $239,000. O Brien Wealth Partners LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF by 5.2% in the fourth quarter. O Brien Wealth Partners LLC now owns 818,019 shares of the company’s stock worth $46,202,000 after purchasing an additional 40,092 shares during the last quarter. Brass Tax Wealth Management Inc. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 15.5% in the third quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock worth $804,000 after purchasing an additional 1,870 shares during the last quarter. Wilmington Savings Fund Society FSB grew its holdings in Pacer US Cash Cows 100 ETF by 1.6% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 556,948 shares of the company’s stock worth $31,456,000 after acquiring an additional 8,540 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. grew its holdings in Pacer US Cash Cows 100 ETF by 851.3% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 1,075 shares of the company’s stock worth $61,000 after acquiring an additional 962 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 0.8 %

Shares of Pacer US Cash Cows 100 ETF stock opened at $56.96 on Friday. The business’s 50-day simple moving average is $57.67 and its 200-day simple moving average is $57.88. The company has a market cap of $24.98 billion, a PE ratio of 13.11 and a beta of 1.03.

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.