Pacer US Cash Cows 100 ETF (BATS:COWZ) Shares Acquired by Strategic Equity Management

Strategic Equity Management boosted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,477 shares of the company’s stock after purchasing an additional 14,178 shares during the period. Pacer US Cash Cows 100 ETF makes up about 3.8% of Strategic Equity Management’s investment portfolio, making the stock its 10th biggest holding. Strategic Equity Management’s holdings in Pacer US Cash Cows 100 ETF were worth $9,064,000 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. PNC Financial Services Group Inc. increased its holdings in Pacer US Cash Cows 100 ETF by 54.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,676 shares of the company’s stock valued at $547,000 after purchasing an additional 3,392 shares in the last quarter. RKL Wealth Management LLC acquired a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter valued at $887,000. Aviance Capital Partners LLC acquired a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter valued at $247,000. Beam Wealth Advisors Inc. increased its holdings in Pacer US Cash Cows 100 ETF by 20.9% in the 4th quarter. Beam Wealth Advisors Inc. now owns 17,659 shares of the company’s stock valued at $997,000 after purchasing an additional 3,052 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its holdings in Pacer US Cash Cows 100 ETF by 380.6% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 25,352 shares of the company’s stock valued at $1,437,000 after purchasing an additional 20,077 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ opened at $56.22 on Friday. The firm has a 50-day moving average of $57.55 and a two-hundred day moving average of $57.91. The stock has a market cap of $24.66 billion, a P/E ratio of 13.11 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 1-year low of $53.03 and a 1-year high of $61.92.

About Pacer US Cash Cows 100 ETF

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.