Mainstay Capital Management LLC ADV Has $232,000 Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Mainstay Capital Management LLC ADV decreased its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.2% in the 3rd quarter, Holdings Channel reports. The firm owned 4,020 shares of the company’s stock after selling 311 shares during the quarter. Mainstay Capital Management LLC ADV’s holdings in Pacer US Cash Cows 100 ETF were worth $232,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 13.3% during the 2nd quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock worth $1,015,397,000 after buying an additional 2,184,380 shares during the period. Envestnet Asset Management Inc. grew its position in Pacer US Cash Cows 100 ETF by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock valued at $348,981,000 after purchasing an additional 1,281,810 shares during the period. Sanctuary Advisors LLC acquired a new position in Pacer US Cash Cows 100 ETF during the second quarter worth $61,929,000. Truist Financial Corp increased its position in shares of Pacer US Cash Cows 100 ETF by 150.4% during the second quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock worth $49,155,000 after acquiring an additional 541,800 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 12.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,860,894 shares of the company’s stock worth $264,870,000 after acquiring an additional 536,715 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS COWZ opened at $57.36 on Friday. The stock has a market cap of $23.60 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The company has a 50 day moving average of $57.24 and a two-hundred day moving average of $55.96.

Pacer US Cash Cows 100 ETF Company 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.