Fairscale Capital LLC Has $4.94 Million Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Fairscale Capital LLC lessened its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.4% in the third quarter, HoldingsChannel reports. The fund owned 85,059 shares of the company’s stock after selling 2,127 shares during the period. Pacer US Cash Cows 100 ETF makes up about 4.3% of Fairscale Capital LLC’s portfolio, making the stock its 6th biggest position. Fairscale Capital LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,940,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quadrature Capital Ltd purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth approximately $228,000. LRI Investments LLC bought a new position in Pacer US Cash Cows 100 ETF in the 1st quarter valued at approximately $104,000. Price T Rowe Associates Inc. MD bought a new position in Pacer US Cash Cows 100 ETF in the 1st quarter valued at approximately $372,000. Captrust Financial Advisors lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 4.4% during the 1st quarter. Captrust Financial Advisors now owns 372,493 shares of the company’s stock valued at $21,646,000 after buying an additional 15,795 shares during the period. Finally, Kraft Davis & Associates LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 1st quarter valued at $6,569,000.

Pacer US Cash Cows 100 ETF Trading Up 1.4 %

Shares of Pacer US Cash Cows 100 ETF stock opened at $60.78 on Friday. The business has a 50 day moving average of $58.20 and a two-hundred day moving average of $56.42. The company has a market cap of $25.01 billion, a PE ratio of 8.66 and a beta of 0.79.

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.