Centric Wealth Management Decreases Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Centric Wealth Management lessened its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 37.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,199 shares of the company’s stock after selling 36,660 shares during the quarter. Pacer US Cash Cows 100 ETF comprises 0.9% of Centric Wealth Management’s portfolio, making the stock its 27th biggest holding. Centric Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $3,653,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in COWZ. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 17.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after purchasing an additional 207 shares in the last quarter. Richardson Capital Management LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 10.6% in the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock worth $125,000 after buying an additional 207 shares in the last quarter. MWA Asset Management grew its stake in shares of Pacer US Cash Cows 100 ETF by 2.8% in the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock worth $573,000 after buying an additional 265 shares in the last quarter. Lodestone Wealth Management LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 0.6% in the 2nd quarter. Lodestone Wealth Management LLC now owns 51,994 shares of the company’s stock worth $2,833,000 after buying an additional 289 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its position in shares of Pacer US Cash Cows 100 ETF by 0.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 33,418 shares of the company’s stock valued at $1,821,000 after buying an additional 306 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 0.6 %

COWZ opened at $60.59 on Friday. The stock has a 50 day moving average of $58.44 and a 200-day moving average of $56.54. The stock has a market capitalization of $24.93 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.