Centric Wealth Management Acquires 131,592 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Centric Wealth Management increased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 215.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 192,791 shares of the company’s stock after purchasing an additional 131,592 shares during the period. Pacer US Cash Cows 100 ETF accounts for about 2.9% of Centric Wealth Management’s holdings, making the stock its 4th biggest holding. Centric Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $10,889,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in shares of Pacer US Cash Cows 100 ETF in the 4th quarter valued at approximately $867,906,000. Janney Montgomery Scott LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 4th quarter valued at about $81,029,000. LPL Financial LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 4.7% during the fourth quarter. LPL Financial LLC now owns 20,693,823 shares of the company’s stock worth $1,168,787,000 after purchasing an additional 926,609 shares during the last quarter. Mount Yale Investment Advisors LLC acquired a new position in Pacer US Cash Cows 100 ETF in the fourth quarter worth about $30,897,000. Finally, Matauro LLC bought a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $22,557,000.

Pacer US Cash Cows 100 ETF Stock Down 4.6 %

BATS:COWZ opened at $54.78 on Tuesday. The company has a market cap of $23.83 billion, a PE ratio of 13.17 and a beta of 1.03. The business’s 50 day moving average is $56.86 and its two-hundred day moving average is $57.72. Pacer US Cash Cows 100 ETF has a 52 week low of $53.03 and a 52 week high of $61.92.

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.