Oppenheimer & Co. Inc. Cuts Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Oppenheimer & Co. Inc. lowered its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 642,940 shares of the company’s stock after selling 68,953 shares during the period. Pacer US Cash Cows 100 ETF makes up 0.6% of Oppenheimer & Co. Inc.’s portfolio, making the stock its 22nd biggest position. Oppenheimer & Co. Inc. owned about 0.16% of Pacer US Cash Cows 100 ETF worth $37,181,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Koshinski Asset Management Inc. grew its holdings in Pacer US Cash Cows 100 ETF by 114.2% during the 1st quarter. Koshinski Asset Management Inc. now owns 8,567 shares of the company’s stock worth $498,000 after acquiring an additional 4,567 shares in the last quarter. Delta Investment Management LLC lifted its stake in Pacer US Cash Cows 100 ETF by 28.2% during the first quarter. Delta Investment Management LLC now owns 8,027 shares of the company’s stock worth $466,000 after purchasing an additional 1,765 shares during the last quarter. Beacon Investment Advisory Services Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF by 3.6% during the first quarter. Beacon Investment Advisory Services Inc. now owns 88,408 shares of the company’s stock worth $5,137,000 after purchasing an additional 3,109 shares during the period. JBR Co Financial Management Inc lifted its position in shares of Pacer US Cash Cows 100 ETF by 2.9% in the 1st quarter. JBR Co Financial Management Inc now owns 68,362 shares of the company’s stock worth $3,973,000 after buying an additional 1,903 shares during the last quarter. Finally, Zega Financial LLC boosted its stake in Pacer US Cash Cows 100 ETF by 17.2% in the first quarter. Zega Financial LLC now owns 18,578 shares of the company’s stock valued at $1,080,000 after acquiring an additional 2,730 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock traded down $0.56 on Wednesday, reaching $59.70. 1,312,198 shares of the company were exchanged. The stock has a fifty day moving average price of $57.58 and a 200-day moving average price of $56.18. The stock has a market capitalization of $24.56 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.