Pacer US Cash Cows 100 ETF (BATS:COWZ) is Gerber LLC’s 5th Largest Position

Gerber LLC boosted its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 184,429 shares of the company’s stock after buying an additional 7,425 shares during the period. Pacer US Cash Cows 100 ETF accounts for approximately 7.6% of Gerber LLC’s holdings, making the stock its 5th biggest position. Gerber LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $10,417,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of COWZ. Raymond James Financial Inc. purchased a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter valued at about $867,906,000. Janney Montgomery Scott LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter valued at about $81,029,000. LPL Financial LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 6.1% during the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after purchasing an additional 1,132,656 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of Pacer US Cash Cows 100 ETF by 230.0% during the third quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock valued at $51,154,000 after purchasing an additional 616,518 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter valued at about $30,897,000.

Pacer US Cash Cows 100 ETF Trading Down 5.6 %

Shares of BATS:COWZ opened at $54.20 on Thursday. Pacer US Cash Cows 100 ETF has a 12 month low of $53.03 and a 12 month high of $61.92. The company has a 50-day moving average price of $57.47 and a 200 day moving average price of $57.90. The company has a market cap of $23.77 billion, a price-to-earnings ratio of 13.11 and a beta of 1.03.

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.