Riggs Capital Management LLC Makes New Investment in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Riggs Capital Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,261 shares of the company’s stock, valued at approximately $297,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Fisher Asset Management LLC lifted its stake in Pacer US Cash Cows 100 ETF by 12.8% in the 3rd quarter. Fisher Asset Management LLC now owns 11,750 shares of the company’s stock worth $680,000 after purchasing an additional 1,330 shares in the last quarter. FMR LLC lifted its position in Pacer US Cash Cows 100 ETF by 96.0% during the third quarter. FMR LLC now owns 32,227 shares of the company’s stock worth $1,864,000 after buying an additional 15,786 shares in the last quarter. Townsquare Capital LLC boosted its stake in Pacer US Cash Cows 100 ETF by 6.9% during the third quarter. Townsquare Capital LLC now owns 14,724 shares of the company’s stock worth $851,000 after buying an additional 951 shares during the last quarter. Captrust Financial Advisors grew its holdings in Pacer US Cash Cows 100 ETF by 2.7% in the 3rd quarter. Captrust Financial Advisors now owns 378,490 shares of the company’s stock valued at $21,888,000 after buying an additional 9,863 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter worth $239,000.

Pacer US Cash Cows 100 ETF Stock Down 5.3 %

BATS COWZ opened at $54.33 on Monday. The business’s fifty day simple moving average is $56.93 and its 200-day simple moving average is $57.72. The firm has a market cap of $23.63 billion, a PE ratio of 13.17 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 52 week low of $53.03 and a 52 week high of $61.92.

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.