StoneX Group Inc. Lowers Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

StoneX Group Inc. cut its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.1% during the third quarter, Holdings Channel reports. The institutional investor owned 81,639 shares of the company’s stock after selling 4,372 shares during the quarter. StoneX Group Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $4,741,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of COWZ. American Capital Advisory LLC purchased a new position in Pacer US Cash Cows 100 ETF during the second quarter valued at $26,000. GoalVest Advisory LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the second quarter valued at $29,000. Central Bank & Trust Co. purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter worth about $31,000. Mather Group LLC. purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter worth about $39,000. Finally, Sunbelt Securities Inc. boosted its stake in Pacer US Cash Cows 100 ETF by 137.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock worth $38,000 after purchasing an additional 400 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS:COWZ opened at $60.78 on Friday. The company has a market cap of $25.01 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The company’s fifty day moving average price is $58.20 and its 200-day moving average price is $56.42.

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.