Centric Wealth Management Trims Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Centric Wealth Management reduced its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 37.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 61,199 shares of the company’s stock after selling 36,660 shares during the period. Pacer US Cash Cows 100 ETF comprises 0.9% of Centric Wealth Management’s portfolio, making the stock its 27th biggest position. Centric Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $3,653,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of COWZ. LPL Financial LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 13.3% during the second quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock valued at $1,015,397,000 after purchasing an additional 2,184,380 shares during the period. Envestnet Asset Management Inc. grew its stake in 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 purchasing an additional 1,281,810 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter worth $61,929,000. Thrivent Financial for Lutherans raised its position in Pacer US Cash Cows 100 ETF by 230.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock valued at $51,154,000 after purchasing an additional 616,518 shares in the last quarter. Finally, Truist Financial Corp raised its position in Pacer US Cash Cows 100 ETF by 150.4% during the 2nd quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock valued at $49,155,000 after purchasing an additional 541,800 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $60.59 on Friday. The company’s 50 day moving average price is $58.44 and its two-hundred day moving average price is $56.54. The stock has a market capitalization of $24.93 billion, a price-to-earnings 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.