Miller Investment Management LP Sells 1,750 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Miller Investment Management LP cut its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,753 shares of the company’s stock after selling 1,750 shares during the quarter. Miller Investment Management LP’s holdings in Pacer US Cash Cows 100 ETF were worth $1,374,000 at the end of the most recent reporting period.

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

Shares of Pacer US Cash Cows 100 ETF stock opened at $61.02 on Wednesday. The stock’s fifty day moving average price is $58.70 and its 200 day moving average price is $56.68. The company has a market cap of $25.11 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.