Intelligence Driven Advisers LLC Has $43.73 Million Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Intelligence Driven Advisers LLC decreased its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 8.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 756,258 shares of the company’s stock after selling 73,812 shares during the period. Pacer US Cash Cows 100 ETF comprises about 6.3% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 6th biggest holding. Intelligence Driven Advisers LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $43,734,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of COWZ. LPL Financial LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 13.3% in the second quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock worth $1,015,397,000 after purchasing an additional 2,184,380 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 25.0% in 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. Sanctuary Advisors LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the second quarter valued at $61,929,000. Truist Financial Corp lifted its holdings in Pacer US Cash Cows 100 ETF by 150.4% in the second quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock valued at $49,155,000 after acquiring an additional 541,800 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in Pacer US Cash Cows 100 ETF by 12.4% in the second quarter. Commonwealth Equity Services LLC now owns 4,860,894 shares of the company’s stock worth $264,870,000 after purchasing an additional 536,715 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 0.1 %

Shares of Pacer US Cash Cows 100 ETF stock traded down $0.07 during trading hours on Thursday, reaching $59.63. 3,497,973 shares of the stock traded hands. The company has a market capitalization of $24.53 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The business’s 50 day moving average is $57.64 and its 200 day moving average is $56.20.

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.