Crewe Advisors LLC Reduces Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Crewe Advisors LLC reduced its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,040 shares of the company’s stock after selling 211 shares during the quarter. Crewe Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $118,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Quadrature Capital Ltd bought a new position in Pacer US Cash Cows 100 ETF in the first quarter worth about $228,000. LRI Investments LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the 1st quarter worth approximately $104,000. Price T Rowe Associates Inc. MD purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 1st quarter valued at approximately $372,000. Captrust Financial Advisors boosted its position in shares of Pacer US Cash Cows 100 ETF by 4.4% during the first quarter. Captrust Financial Advisors now owns 372,493 shares of the company’s stock valued at $21,646,000 after purchasing an additional 15,795 shares in the last quarter. Finally, Kraft Davis & Associates LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the first quarter worth $6,569,000.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ opened at $60.78 on Friday. The company has a market capitalization of $25.01 billion, a P/E ratio of 8.66 and a beta of 0.79. The business has a 50-day moving average price of $58.20 and a two-hundred day moving average price of $56.42.

About Pacer US Cash Cows 100 ETF

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.