Madison Park Capital Advisors LLC Cuts Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Madison Park Capital Advisors LLC lessened its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 20.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 59,293 shares of the company’s stock after selling 15,447 shares during the quarter. Pacer US Cash Cows 100 ETF makes up 2.7% of Madison Park Capital Advisors LLC’s portfolio, making the stock its 13th largest position. Madison Park Capital Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $3,349,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Verition Fund Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter valued at about $239,000. Brass Tax Wealth Management Inc. lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 15.5% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock valued at $804,000 after acquiring an additional 1,870 shares during the last quarter. Private Client Services LLC lifted its holdings in shares of 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 last quarter. SPC Financial Inc. lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 4.8% in the 2nd quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock valued at $10,415,000 after acquiring an additional 8,839 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 4.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock valued at $104,084,000 after acquiring an additional 70,617 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 2.4 %

Shares of BATS:COWZ opened at $58.75 on Wednesday. The firm has a 50 day simple moving average of $58.66 and a 200-day simple moving average of $57.38. The company has a market cap of $24.17 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.