RiverTree Advisors LLC Has $6.92 Million Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

RiverTree Advisors LLC cut its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 8.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 119,586 shares of the company’s stock after selling 11,719 shares during the period. Pacer US Cash Cows 100 ETF makes up approximately 4.7% of RiverTree Advisors LLC’s investment portfolio, making the stock its 9th largest holding. RiverTree Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $6,916,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its position in shares of Pacer US Cash Cows 100 ETF by 929,200.0% in the 1st quarter. BNP Paribas Financial Markets now owns 46,465 shares of the company’s stock valued at $2,700,000 after purchasing an additional 46,460 shares during the period. Private Client Services LLC raised its stake in Pacer US Cash Cows 100 ETF by 4.5% in the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after acquiring an additional 2,976 shares during the period. Compass Ion Advisors LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 14.2% during the 1st quarter. Compass Ion Advisors LLC now owns 17,247 shares of the company’s stock valued at $1,002,000 after purchasing an additional 2,138 shares during the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF by 8.6% in the second quarter. Hazlett Burt & Watson Inc. now owns 25,613 shares of the company’s stock valued at $1,395,000 after purchasing an additional 2,030 shares during the last quarter. Finally, Pinnacle Bancorp Inc. raised its position in shares of Pacer US Cash Cows 100 ETF by 173.4% in the first quarter. Pinnacle Bancorp Inc. now owns 2,075 shares of the company’s stock valued at $121,000 after purchasing an additional 1,316 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 1.0 %

Shares of COWZ stock traded down $0.60 during midday trading on Thursday, hitting $57.15. 1,085,157 shares of the company were exchanged. The firm has a 50 day moving average price of $57.21 and a 200 day moving average price of $55.95. The stock has a market cap of $23.51 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

Pacer US Cash Cows 100 ETF Company 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.