IMG Wealth Management Inc. Invests $302,000 in Pacer US Cash Cows 100 ETF (BATS:COWZ)

IMG Wealth Management Inc. acquired a new position in 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 fund acquired 5,345 shares of the company’s stock, valued at approximately $302,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Verition Fund Management LLC acquired a new position in Pacer US Cash Cows 100 ETF in the third quarter worth $239,000. O Brien Wealth Partners LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 5.2% in the fourth quarter. O Brien Wealth Partners LLC now owns 818,019 shares of the company’s stock worth $46,202,000 after purchasing an additional 40,092 shares during the period. Brass Tax Wealth Management Inc. boosted its holdings in Pacer US Cash Cows 100 ETF by 15.5% in the third quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock worth $804,000 after purchasing an additional 1,870 shares during the period. Wilmington Savings Fund Society FSB boosted its holdings in Pacer US Cash Cows 100 ETF by 1.6% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 556,948 shares of the company’s stock worth $31,456,000 after purchasing an additional 8,540 shares during the period. Finally, Farmers & Merchants Investments Inc. boosted its holdings in Pacer US Cash Cows 100 ETF by 851.3% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 1,075 shares of the company’s stock worth $61,000 after purchasing an additional 962 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Pacer US Cash Cows 100 ETF stock opened at $54.58 on Monday. The company has a market cap of $23.74 billion, a PE ratio of 13.17 and a beta of 1.03. The company has a fifty day moving average price of $57.33 and a two-hundred day moving average price of $57.84. Pacer US Cash Cows 100 ETF has a 12 month low of $53.03 and a 12 month 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.