TIAA Trust National Association Reduces Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

TIAA Trust National Association cut its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,426 shares of the company’s stock after selling 347 shares during the period. TIAA Trust National Association’s holdings in Pacer US Cash Cows 100 ETF were worth $250,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Modern Wealth Management LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 2.8% in the fourth quarter. Modern Wealth Management LLC now owns 892,810 shares of the company’s stock worth $51,462,000 after purchasing an additional 24,348 shares during the period. LPL Financial LLC grew its position in Pacer US Cash Cows 100 ETF by 4.7% in the 4th quarter. LPL Financial LLC now owns 20,693,823 shares of the company’s stock worth $1,168,787,000 after purchasing an additional 926,609 shares during the last quarter. Blueprint Investment Partners LLC bought a new position in Pacer US Cash Cows 100 ETF in the 4th quarter worth approximately $344,000. Fortis Capital Management LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 11.7% during the fourth quarter. Fortis Capital Management LLC now owns 49,646 shares of the company’s stock valued at $2,804,000 after purchasing an additional 5,201 shares during the period. Finally, Sfmg LLC increased its stake in Pacer US Cash Cows 100 ETF by 0.6% during the 4th quarter. Sfmg LLC now owns 851,430 shares of the company’s stock valued at $48,089,000 after buying an additional 5,202 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS:COWZ opened at $54.33 on Friday. The stock’s 50 day moving average price is $56.93 and its 200 day moving average price is $57.72. The stock has a market cap of $23.63 billion, a price-to-earnings ratio of 13.17 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 12 month low of $53.03 and a 12 month high of $61.92.

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.