IVC Wealth Advisors LLC Acquires 7,563 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

IVC Wealth Advisors LLC raised its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,123 shares of the company’s stock after buying an additional 7,563 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for 4.2% of IVC Wealth Advisors LLC’s holdings, making the stock its 4th biggest holding. IVC Wealth Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $7,519,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Janney Montgomery Scott LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth $81,029,000. LPL Financial LLC raised its holdings in 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 purchasing an additional 1,132,656 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Pacer US Cash Cows 100 ETF during the second quarter valued at $61,929,000. Thrivent Financial for Lutherans grew its position in shares of Pacer US Cash Cows 100 ETF by 230.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock worth $51,154,000 after buying an additional 616,518 shares during the period. Finally, Truist Financial Corp grew its stake in shares of Pacer US Cash Cows 100 ETF by 150.4% in the 2nd quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock valued at $49,155,000 after buying an additional 541,800 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 2.5 %

Shares of COWZ opened at $58.84 on Friday. The company has a market cap of $24.21 billion, a PE ratio of 8.66 and a beta of 0.79. The stock has a 50-day moving average price of $58.61 and a two-hundred day moving average price of $57.44.

Pacer US Cash Cows 100 ETF Company 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.