Secure Asset Management LLC Sells 12,108 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Secure Asset Management LLC decreased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 22.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,587 shares of the company’s stock after selling 12,108 shares during the quarter. Secure Asset Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,405,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in COWZ. Delta Investment Management LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 14.6% in the 2nd quarter. Delta Investment Management LLC now owns 9,200 shares of the company’s stock valued at $501,000 after acquiring an additional 1,173 shares during the last quarter. Smith Thornton Advisors LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at approximately $2,501,000. Chicago Wealth Management Inc. boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 4.4% in the 2nd quarter. Chicago Wealth Management Inc. now owns 186,156 shares of the company’s stock worth $10,148,000 after purchasing an additional 7,852 shares during the period. Magnolia Capital Advisors LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 11.9% during the 2nd quarter. Magnolia Capital Advisors LLC now owns 18,347 shares of the company’s stock valued at $1,000,000 after purchasing an additional 1,947 shares during the last quarter. Finally, Creative Planning raised its holdings in Pacer US Cash Cows 100 ETF by 2.9% during the 2nd quarter. Creative Planning now owns 16,976 shares of the company’s stock valued at $925,000 after buying an additional 485 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $58.84 on Friday. The stock has a 50-day moving average of $58.61 and a two-hundred day moving average of $57.44. The company has a market capitalization of $24.21 billion, a P/E 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.