MBE Wealth Management LLC Sells 780 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

MBE Wealth Management LLC lessened its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,404 shares of the company’s stock after selling 780 shares during the quarter. MBE Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $602,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 13.3% during the second quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock worth $1,015,397,000 after acquiring an additional 2,184,380 shares during the period. Raymond James & Associates lifted its holdings in Pacer US Cash Cows 100 ETF by 7.5% during the third quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock worth $418,453,000 after acquiring an additional 503,678 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in Pacer US Cash Cows 100 ETF by 4.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,731,230 shares of the company’s stock worth $366,785,000 after acquiring an additional 257,285 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Pacer US Cash Cows 100 ETF by 25.0% during the second quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock worth $348,981,000 after acquiring an additional 1,281,810 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 8.2% during the third quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock worth $304,288,000 after acquiring an additional 400,873 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Pacer US Cash Cows 100 ETF stock traded up $0.03 during mid-day trading on Monday, reaching $58.80. 1,022,568 shares of the company’s stock were exchanged. The business has a 50 day simple moving average of $57.04 and a two-hundred day simple moving average of $55.94. The company has a market capitalization of $24.19 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.