Financial Partners Group Inc Decreases Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Financial Partners Group Inc cut its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 8.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 242,799 shares of the company’s stock after selling 21,081 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for approximately 2.1% of Financial Partners Group Inc’s holdings, making the stock its 16th largest position. Financial Partners Group Inc’s holdings in Pacer US Cash Cows 100 ETF were worth $14,041,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC lifted its position in Pacer US Cash Cows 100 ETF by 13.3% during the second quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock valued at $1,015,397,000 after purchasing an additional 2,184,380 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock worth $348,981,000 after buying an additional 1,281,810 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter worth $61,929,000. Truist Financial Corp grew its holdings in shares of Pacer US Cash Cows 100 ETF by 150.4% in the second quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock worth $49,155,000 after acquiring an additional 541,800 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in Pacer US Cash Cows 100 ETF by 12.4% during the second quarter. Commonwealth Equity Services LLC now owns 4,860,894 shares of the company’s stock valued at $264,870,000 after acquiring an additional 536,715 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 0.6 %

BATS:COWZ traded up $0.32 on Tuesday, hitting $57.53. The stock had a trading volume of 1,115,079 shares. The stock has a market cap of $23.67 billion, a PE ratio of 8.66 and a beta of 0.79. The business has a 50-day moving average price of $57.32 and a 200-day moving average price of $56.01.

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.