Kraft Davis & Associates LLC Has $13.05 Million Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Kraft Davis & Associates LLC trimmed its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 3.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 229,043 shares of the company’s stock after selling 6,991 shares during the period. Pacer US Cash Cows 100 ETF comprises about 3.9% of Kraft Davis & Associates LLC’s portfolio, making the stock its 5th largest holding. Kraft Davis & Associates LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $13,046,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of COWZ. LPL Financial LLC lifted its position in Pacer US Cash Cows 100 ETF by 13.3% in 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 last quarter. Raymond James & Associates raised its holdings in Pacer US Cash Cows 100 ETF by 7.5% during the 3rd quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock valued at $418,453,000 after buying an additional 503,678 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in Pacer US Cash Cows 100 ETF by 4.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,731,230 shares of the company’s stock valued at $366,785,000 after buying an additional 257,285 shares during the period. Envestnet Asset Management Inc. boosted its position in Pacer US Cash Cows 100 ETF by 25.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock valued at $348,981,000 after buying an additional 1,281,810 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in Pacer US Cash Cows 100 ETF by 8.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock worth $304,288,000 after acquiring an additional 400,873 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

COWZ stock opened at $58.80 on Wednesday. The stock has a market capitalization of $24.19 billion, a PE ratio of 8.66 and a beta of 0.79. The company has a 50-day moving average price of $57.94 and a 200-day moving average price of $56.33.

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.