WBI Investments LLC Sells 6,186 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

WBI Investments LLC reduced its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,350 shares of the company’s stock after selling 6,186 shares during the quarter. Pacer US Cash Cows 100 ETF comprises 0.9% of WBI Investments LLC’s portfolio, making the stock its 26th biggest position. WBI Investments LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,333,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of COWZ. Larson Financial Group LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 77.2% in the 3rd quarter. Larson Financial Group LLC now owns 512 shares of the company’s stock worth $25,000 after purchasing an additional 223 shares in the last quarter. Bogart Wealth LLC purchased a new position in Pacer US Cash Cows 100 ETF in the fourth quarter worth about $28,000. HHM Wealth Advisors LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 563.0% during the fourth quarter. HHM Wealth Advisors LLC now owns 610 shares of the company’s stock valued at $32,000 after buying an additional 518 shares during the period. Tidemark LLC bought a new position in Pacer US Cash Cows 100 ETF in the fourth quarter worth approximately $33,000. Finally, Crewe Advisors LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the third quarter valued at $35,000.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock traded down $0.56 during trading hours on Wednesday, hitting $55.14. The company had a trading volume of 1,696,099 shares. The firm has a market cap of $22.69 billion, a P/E ratio of 8.66 and a beta of 0.79. The company’s fifty day moving average price is $56.20 and its 200-day moving average price is $53.27.

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.