SFG Wealth Management LLC. Sells 705 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

SFG Wealth Management LLC. trimmed its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 14.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,117 shares of the company’s stock after selling 705 shares during the quarter. SFG Wealth Management LLC.’s holdings in Pacer US Cash Cows 100 ETF were worth $224,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global Assets Advisory LLC increased its stake in Pacer US Cash Cows 100 ETF by 5,941.5% during the 1st quarter. Global Assets Advisory LLC now owns 1,694,524 shares of the company’s stock valued at $98,469,000 after purchasing an additional 1,666,476 shares in the last quarter. Raymond James & Associates increased its position in shares of Pacer US Cash Cows 100 ETF by 20.8% during the first quarter. Raymond James & Associates now owns 6,383,907 shares of the company’s stock worth $370,969,000 after acquiring an additional 1,099,029 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Pacer US Cash Cows 100 ETF by 9.5% during the fourth quarter. Wells Fargo & Company MN now owns 9,498,765 shares of the company’s stock worth $493,841,000 after acquiring an additional 822,076 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 21.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,324,179 shares of the company’s stock worth $251,278,000 after acquiring an additional 772,136 shares during the last quarter. Finally, Annex Advisory Services LLC lifted its position in Pacer US Cash Cows 100 ETF by 44.2% in the 4th quarter. Annex Advisory Services LLC now owns 2,444,746 shares of the company’s stock valued at $127,102,000 after acquiring an additional 748,827 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS:COWZ traded up $0.04 during trading hours on Friday, hitting $55.96. 1,343,184 shares of the company traded hands. The firm has a market cap of $23.02 billion, a P/E ratio of 8.66 and a beta of 0.79. The business’s 50 day simple moving average is $55.12 and its 200-day simple moving average is $55.13.

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.