Avidian Wealth Enterprises LLC Boosts Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Avidian Wealth Enterprises LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 68.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,359 shares of the company’s stock after buying an additional 4,210 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $585,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. DecisionPoint Financial LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $26,000. Blue Trust Inc. purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the third quarter worth approximately $45,000. Crews Bank & Trust acquired a new position in Pacer US Cash Cows 100 ETF in the 4th quarter valued at $52,000. Empowered Funds LLC acquired a new position in Pacer US Cash Cows 100 ETF in the 4th quarter valued at $56,000. Finally, Investors Research Corp lifted its holdings in 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 valued at $58,000 after purchasing an additional 838 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Pacer US Cash Cows 100 ETF stock opened at $57.13 on Thursday. The business’s 50-day simple moving average is $58.04 and its two-hundred day simple moving average is $57.71. The stock has a market capitalization of $23.51 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

Pacer US Cash Cows 100 ETF 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.