Pacer Advisors Inc. Buys 2,488 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Pacer Advisors Inc. raised its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 323,874 shares of the company’s stock after acquiring an additional 2,488 shares during the period. Pacer Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $18,292,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC purchased a new position in Pacer US Cash Cows 100 ETF during the fourth quarter worth about $81,029,000. LPL Financial LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 6.1% during the 3rd quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock worth $1,143,138,000 after buying an additional 1,132,656 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter worth approximately $61,929,000. Thrivent Financial for Lutherans grew its holdings in shares of 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 valued at $51,154,000 after acquiring an additional 616,518 shares in the last quarter. Finally, Truist Financial Corp increased its position in shares of Pacer US Cash Cows 100 ETF by 150.4% during the second quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock valued at $49,155,000 after acquiring an additional 541,800 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $58.63 on Wednesday. The stock has a market capitalization of $24.12 billion, a PE ratio of 8.66 and a beta of 0.79. The stock has a fifty day simple moving average of $58.57 and a two-hundred day simple moving average of $57.55.

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.