Clay Northam Wealth Management LLC Trims Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Clay Northam Wealth Management LLC cut its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 264,527 shares of the company’s stock after selling 5,036 shares during the period. Pacer US Cash Cows 100 ETF comprises 9.6% of Clay Northam Wealth Management LLC’s holdings, making the stock its largest holding. Clay Northam Wealth Management LLC owned approximately 0.06% of Pacer US Cash Cows 100 ETF worth $14,940,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC increased its holdings in Pacer US Cash Cows 100 ETF by 6.1% during the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after buying an additional 1,132,656 shares during the period. Raymond James & Associates increased its holdings in 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 worth $418,453,000 after buying an additional 503,678 shares during the period. Commonwealth Equity Services LLC lifted 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 buying an additional 400,873 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 6.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,888,102 shares of the company’s stock worth $109,189,000 after acquiring an additional 111,670 shares during the period. Finally, Stifel Financial Corp increased its holdings in Pacer US Cash Cows 100 ETF by 10.2% in the 3rd quarter. Stifel Financial Corp now owns 1,867,702 shares of the company’s stock worth $108,009,000 after acquiring an additional 172,652 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $57.63 on Tuesday. The stock’s 50 day moving average is $58.50 and its 200 day moving average is $57.65. The stock has a market capitalization of $23.71 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.