Pacer US Cash Cows 100 ETF (BATS:COWZ) Shares Sold by Spinnaker Trust

Spinnaker Trust trimmed its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 90.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,275 shares of the company’s stock after selling 84,113 shares during the quarter. Spinnaker Trust’s holdings in Pacer US Cash Cows 100 ETF were worth $536,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. raised its position in Pacer US Cash Cows 100 ETF by 17.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after acquiring an additional 207 shares during the period. Lodestone Wealth Management LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 0.6% during the 2nd quarter. Lodestone Wealth Management LLC now owns 51,994 shares of the company’s stock worth $2,833,000 after purchasing an additional 289 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in Pacer US Cash Cows 100 ETF by 0.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 33,418 shares of the company’s stock valued at $1,821,000 after buying an additional 306 shares in the last quarter. Global Financial Private Client LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 1.3% in the 2nd quarter. Global Financial Private Client LLC now owns 24,241 shares of the company’s stock worth $1,321,000 after buying an additional 309 shares during the last quarter. Finally, M3 Advisory Group LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 5.7% in the 2nd quarter. M3 Advisory Group LLC now owns 6,345 shares of the company’s stock worth $346,000 after buying an additional 344 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 2.8 %

Shares of Pacer US Cash Cows 100 ETF stock opened at $59.68 on Thursday. The firm has a market capitalization of $24.56 billion, a PE ratio of 8.66 and a beta of 0.79. The firm’s 50 day moving average price is $57.38 and its 200 day moving average price is $56.05.

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.