Encompass More Asset Management Decreases Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Encompass More Asset Management reduced its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 32,760 shares of the company’s stock after selling 547 shares during the period. Encompass More Asset Management’s holdings in Pacer US Cash Cows 100 ETF were worth $1,895,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. lifted its holdings 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 buying an additional 207 shares during the period. Richardson Capital Management LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 10.6% in the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock valued at $125,000 after acquiring an additional 207 shares during the period. MWA Asset Management grew its position in Pacer US Cash Cows 100 ETF by 2.8% during the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock worth $573,000 after purchasing an additional 265 shares during the period. Lodestone Wealth Management LLC grew its position in 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 period. Finally, Benjamin Edwards Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 0.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 33,418 shares of the company’s stock valued at $1,821,000 after acquiring an additional 306 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $60.84 on Friday. The stock has a market cap of $25.03 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The company has a fifty day moving average of $58.56 and a 200-day moving average of $56.60.

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.