Zega Financial LLC Sells 3,723 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Zega Financial LLC lessened its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 16.5% in the third quarter, Holdings Channel.com reports. The firm owned 18,851 shares of the company’s stock after selling 3,723 shares during the period. Zega Financial LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,090,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF by 6.1% in the 3rd quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after acquiring an additional 1,132,656 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Pacer US Cash Cows 100 ETF by 7.5% in the 3rd quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock valued at $418,453,000 after acquiring an additional 503,678 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 4.0% in 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 acquiring an additional 257,285 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings 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 valued at $348,981,000 after acquiring an additional 1,281,810 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of 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 valued at $304,288,000 after acquiring an additional 400,873 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS COWZ opened at $60.47 on Friday. The company has a market cap of $24.88 billion, a PE ratio of 8.66 and a beta of 0.79. The firm has a fifty day moving average of $58.89 and a 200-day moving average of $56.77.

Pacer US Cash Cows 100 ETF 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.