Ausdal Financial Partners Inc. Grows Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Ausdal Financial Partners Inc. grew its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 258.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,370 shares of the company’s stock after buying an additional 37,041 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,799,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Rocky Mountain Advisers LLC bought a new stake in Pacer US Cash Cows 100 ETF during the 1st quarter worth approximately $26,000. American Capital Advisory LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter valued at $26,000. GoalVest Advisory LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter valued at $29,000. Central Bank & Trust Co. bought a new position in Pacer US Cash Cows 100 ETF in the 2nd quarter worth $31,000. Finally, Strategic Financial Concepts LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 260.8% in the 2nd quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock worth $32,000 after buying an additional 42,367 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

BATS:COWZ traded down $0.59 on Friday, reaching $55.26. 1,708,463 shares of the company’s stock traded hands. The stock’s 50 day moving average is $55.76 and its 200-day moving average is $55.58. The stock has a market capitalization of $22.74 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.