Hollencrest Capital Management Lowers Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Hollencrest Capital Management cut its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 489,006 shares of the company’s stock after selling 33,860 shares during the quarter. Pacer US Cash Cows 100 ETF makes up about 1.1% of Hollencrest Capital Management’s investment portfolio, making the stock its 21st largest position. Hollencrest Capital Management’s holdings in Pacer US Cash Cows 100 ETF were worth $27,619,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of COWZ. QRG Capital Management Inc. bought a new position in shares of Pacer US Cash Cows 100 ETF during the 3rd quarter valued at about $223,000. Verdence Capital Advisors LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 3rd quarter valued at about $218,000. Venturi Wealth Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 3rd quarter valued at about $91,000. WealthPlan Investment Management LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 9.4% during the 3rd quarter. WealthPlan Investment Management LLC now owns 108,604 shares of the company’s stock valued at $6,281,000 after purchasing an additional 9,349 shares during the last quarter. Finally, Apollon Financial LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 7.9% during the 3rd quarter. Apollon Financial LLC now owns 42,284 shares of the company’s stock valued at $2,445,000 after purchasing an additional 3,112 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 4.6 %

Shares of Pacer US Cash Cows 100 ETF stock opened at $54.72 on Wednesday. The firm has a market capitalization of $24.00 billion, a PE ratio of 13.11 and a beta of 1.03. The business’s 50-day moving average price is $57.47 and its 200-day moving average price is $57.90. Pacer US Cash Cows 100 ETF has a 12 month low of $53.03 and a 12 month high of $61.92.

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.