Pacer US Export Leaders ETF (PEXL)
ARCA ARCA Primary 
Cwm LLC Has $3.79 Million Stock Position in Pacer US Export Leaders ETF $PEXL
Cwm LLC cut its holdings in Pacer US Export Leaders ETF (NYSEARCA:PEXL) by 22.5% during the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor owned 62,078 shares of the company's stock after selling 18,071 shares during the period. Cwm LLC owned approximately 10.01% of Pacer US
PEXL: This S&P 900 Export Leaders ETF Is Flawed
PEXL aims to select 100 U.S. stocks from the S&P 900 Index with a high percentage of annual foreign sales and high free cash flow growth. Unfortunately, the sole measure of a company's free cash flow growth is current year free cash flow per share less free cash flow per share from five years ago. That means PEXL currently holds a large number of companies that operate in industries that essentially shut down during the COVID-19 pandemic, including Carnival and Royal Caribbean Cruises.
