abrdn plc Sells 17,253 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

abrdn plc reduced its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 17.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,694 shares of the company’s stock after selling 17,253 shares during the quarter. abrdn plc’s holdings in Pacer US Cash Cows 100 ETF were worth $4,497,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in COWZ. Silverlake Wealth Management LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 14.9% in the third quarter. Silverlake Wealth Management LLC now owns 7,406 shares of the company’s stock worth $428,000 after acquiring an additional 963 shares in the last quarter. HCR Wealth Advisors boosted its stake in Pacer US Cash Cows 100 ETF by 20.8% in the 3rd quarter. HCR Wealth Advisors now owns 4,763 shares of the company’s stock worth $275,000 after purchasing an additional 820 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the 3rd quarter valued at about $81,000. Ballew Advisors Inc increased its stake in Pacer US Cash Cows 100 ETF by 9.9% during the 3rd quarter. Ballew Advisors Inc now owns 28,161 shares of the company’s stock valued at $1,636,000 after purchasing an additional 2,528 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in 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 worth $79,000 after buying an additional 207 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 0.4 %

BATS:COWZ opened at $57.18 on Monday. The stock has a market capitalization of $23.52 billion, a PE ratio of 8.66 and a beta of 0.79. The firm’s 50 day moving average price is $58.24 and its 200 day moving average price is $57.68.

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.