Teamwork Financial Advisors Trims Position in Pacer Cash Cows Growth ETF

Teamwork Financial Advisors disclosed a significant reduction in its holdings of the Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) in a recent SEC filing. The firm sold 569,335 shares, a transaction valued at approximately $19.95 million based on quarterly average pricing. The move appears to be a strategic portfolio adjustment as the quality-growth focused fund has struggled to keep pace with the broader equity market. While the fund remains operationally sound, its recent performance trajectory has lagged behind the benchmark, prompting the advisor to reallocate capital. COWG, which manages approximately $2.12 billion in assets, utilizes a rules-based methodology to target U.S. large-cap companies with superior free cash flow margins. The fund maintains roughly 100 holdings and operates with an expense ratio of 0.49%, offering a systematic approach to high-quality growth. Over the past year, COWG shares appreciated by approximately 15%. While positive, this return significantly trails the S&P 500's 25% gain over the same period. The total value of Teamwork's holding fell by $20.17 million, reflecting both the active sale and market price fluctuations during the quarter.