Arete Wealth Advisors LLC Trims Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Arete Wealth Advisors LLC lowered its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,210 shares of the company’s stock after selling 265 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $242,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Pacer US Cash Cows 100 ETF by 17.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after buying an additional 207 shares in the last quarter. Richardson Capital Management LLC raised its holdings in Pacer US Cash Cows 100 ETF by 10.6% during the third quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock valued at $125,000 after acquiring an additional 207 shares during the period. MWA Asset Management lifted its position in shares of Pacer US Cash Cows 100 ETF by 2.8% in the third quarter. MWA Asset Management now owns 9,901 shares of the company’s stock valued at $573,000 after acquiring an additional 265 shares in the last quarter. Benjamin Edwards Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 0.9% in the second quarter. Benjamin Edwards Inc. now owns 33,418 shares of the company’s stock worth $1,821,000 after acquiring an additional 306 shares during the period. Finally, Global Financial Private Client LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 1.3% during the second quarter. Global Financial Private Client LLC now owns 24,241 shares of the company’s stock worth $1,321,000 after purchasing an additional 309 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $58.89 on Friday. The company’s 50-day simple moving average is $59.06 and its 200 day simple moving average is $56.93. The company has a market cap of $24.23 billion, a P/E 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.