Pacer US Cash Cows 100 ETF (BATS:COWZ) Stake Boosted by PFG Advisors

PFG Advisors lifted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 396,920 shares of the company’s stock after acquiring an additional 646 shares during the quarter. Pacer US Cash Cows 100 ETF makes up 1.4% of PFG Advisors’ portfolio, making the stock its 8th biggest holding. PFG Advisors’ holdings in Pacer US Cash Cows 100 ETF were worth $22,418,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at about $867,906,000. Janney Montgomery Scott LLC bought a new position in Pacer US Cash Cows 100 ETF during the fourth quarter valued at approximately $81,029,000. LPL Financial LLC lifted its stake in Pacer US Cash Cows 100 ETF by 6.1% in the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after acquiring an additional 1,132,656 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Pacer US Cash Cows 100 ETF by 230.0% in the third quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock worth $51,154,000 after acquiring an additional 616,518 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth $30,897,000.

Pacer US Cash Cows 100 ETF Trading Down 4.6 %

Pacer US Cash Cows 100 ETF stock opened at $54.72 on Wednesday. Pacer US Cash Cows 100 ETF has a 1-year low of $53.03 and a 1-year high of $61.92. The firm’s fifty day simple moving average is $57.47 and its 200-day simple moving average is $57.90. The company has a market capitalization of $24.00 billion, a P/E ratio of 13.11 and a beta of 1.03.

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.