Perissos Private Wealth Management LLC Grows Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Perissos Private Wealth Management LLC increased its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 12.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 117,268 shares of the company’s stock after purchasing an additional 12,654 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for 5.0% of Perissos Private Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Perissos Private Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $6,623,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. DecisionPoint Financial LLC bought a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter worth $26,000. Blue Trust Inc. purchased a new position in Pacer US Cash Cows 100 ETF during the 3rd quarter valued at about $45,000. Crews Bank & Trust purchased a new position in Pacer US Cash Cows 100 ETF during the 4th quarter valued at about $52,000. Empowered Funds LLC bought a new position in Pacer US Cash Cows 100 ETF during the 4th quarter valued at approximately $56,000. Finally, Investors Research Corp lifted its holdings in Pacer US Cash Cows 100 ETF by 498.8% in the 3rd quarter. Investors Research Corp now owns 1,006 shares of the company’s stock worth $58,000 after buying an additional 838 shares during the period.

Pacer US Cash Cows 100 ETF Stock Up 0.7 %

COWZ opened at $57.82 on Wednesday. The stock has a market capitalization of $23.79 billion, a PE ratio of 8.66 and a beta of 0.79. The company’s 50-day simple moving average is $58.12 and its 200 day simple moving average is $57.70.

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.