King Luther Capital Management Corp Sells 1,000 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

King Luther Capital Management Corp lessened its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 22.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,540 shares of the company’s stock after selling 1,000 shares during the quarter. King Luther Capital Management Corp’s holdings in Pacer US Cash Cows 100 ETF were worth $205,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Private Client Services LLC increased its holdings in Pacer US Cash Cows 100 ETF by 4.5% during the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after purchasing an additional 2,976 shares during the period. Hazlett Burt & Watson Inc. boosted its holdings in Pacer US Cash Cows 100 ETF by 8.6% in the second quarter. Hazlett Burt & Watson Inc. now owns 25,613 shares of the company’s stock valued at $1,395,000 after acquiring an additional 2,030 shares in the last quarter. Goldstein Advisors LLC increased its position in Pacer US Cash Cows 100 ETF by 2.7% during the 2nd quarter. Goldstein Advisors LLC now owns 493,668 shares of the company’s stock valued at $26,900,000 after purchasing an additional 12,905 shares during the period. SPC Financial Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 4.8% in the 2nd quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock worth $10,415,000 after purchasing an additional 8,839 shares in the last quarter. Finally, Sachetta LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 22.4% in the 2nd quarter. Sachetta LLC now owns 7,100 shares of the company’s stock worth $410,000 after purchasing an additional 1,300 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS COWZ opened at $60.78 on Monday. The company’s 50-day moving average is $58.20 and its 200-day moving average is $56.43. The stock has a market capitalization of $25.01 billion, a PE 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.