Gries Financial LLC Sells 1,696 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Gries Financial LLC trimmed its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 23.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,623 shares of the company’s stock after selling 1,696 shares during the period. Gries Financial LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $318,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Sunbelt Securities Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 137.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock valued at $38,000 after acquiring an additional 400 shares in the last quarter. Blue Trust Inc. bought a new stake in Pacer US Cash Cows 100 ETF during the third quarter worth about $45,000. Investors Research Corp grew its stake in Pacer US Cash Cows 100 ETF by 498.8% during the third quarter. Investors Research Corp now owns 1,006 shares of the company’s stock worth $58,000 after buying an additional 838 shares in the last quarter. Key Financial Inc increased its holdings in Pacer US Cash Cows 100 ETF by 56.7% in the 3rd quarter. Key Financial Inc now owns 1,133 shares of the company’s stock valued at $66,000 after buying an additional 410 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Pacer US Cash Cows 100 ETF by 17.8% in 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.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $58.96 on Friday. The stock’s fifty day moving average price is $58.57 and its 200 day moving average price is $57.61. The company has a market cap of $24.26 billion, a P/E ratio of 8.66 and a beta of 0.79.

Pacer US Cash Cows 100 ETF Company 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.