BCS Wealth Management Raises Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

BCS Wealth Management raised its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 14.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,801 shares of the company’s stock after buying an additional 6,518 shares during the quarter. BCS Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $2,926,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of COWZ. Sunbelt Securities Inc. raised its position in shares of Pacer US Cash Cows 100 ETF by 137.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock valued at $38,000 after buying an additional 400 shares in the last quarter. Blue Trust Inc. bought a new stake in Pacer US Cash Cows 100 ETF during the third quarter worth about $45,000. Investors Research Corp boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 498.8% in the 3rd quarter. Investors Research Corp now owns 1,006 shares of the company’s stock worth $58,000 after purchasing an additional 838 shares in the last quarter. Key Financial Inc increased its position in shares of Pacer US Cash Cows 100 ETF by 56.7% during the 3rd quarter. Key Financial Inc now owns 1,133 shares of the company’s stock valued at $66,000 after purchasing an additional 410 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in Pacer US Cash Cows 100 ETF by 17.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after buying an additional 207 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS COWZ opened at $56.96 on Tuesday. The company has a market capitalization of $23.44 billion, a PE ratio of 8.66 and a beta of 0.79. The company’s 50 day simple moving average is $58.75 and its 200 day simple moving average is $57.21.

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.