ERn Financial LLC Cuts Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

ERn Financial LLC lowered its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,184 shares of the company’s stock after selling 668 shares during the quarter. ERn Financial LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Capital Advisory LLC bought a new stake in Pacer US Cash Cows 100 ETF in the 2nd quarter worth about $26,000. GoalVest Advisory LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter worth approximately $29,000. Central Bank & Trust Co. purchased a new position in shares of Pacer US Cash Cows 100 ETF during the second quarter valued at approximately $31,000. Strategic Financial Concepts LLC lifted its position in Pacer US Cash Cows 100 ETF by 260.8% during the second quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock valued at $32,000 after purchasing an additional 42,367 shares during the period. Finally, Sunbelt Securities Inc. boosted its holdings in Pacer US Cash Cows 100 ETF by 137.0% in the second quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock worth $38,000 after purchasing an additional 400 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS:COWZ opened at $58.05 on Wednesday. The company has a market cap of $23.88 billion, a P/E ratio of 8.66 and a beta of 0.79. The stock has a 50 day moving average of $56.79 and a 200 day moving average of $55.92.

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.