Farmers & Merchants Investments Inc. Buys 962 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Farmers & Merchants Investments Inc. lifted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 851.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,075 shares of the company’s stock after acquiring an additional 962 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $61,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sanchez Wealth Management Group raised its stake in Pacer US Cash Cows 100 ETF by 6.7% during the 4th quarter. Sanchez Wealth Management Group now owns 355,357 shares of the company’s stock valued at $20,071,000 after buying an additional 22,273 shares during the last quarter. Wilmington Savings Fund Society FSB grew its holdings in shares of 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 acquiring an additional 8,540 shares during the period. Apollon Wealth Management LLC increased its position in Pacer US Cash Cows 100 ETF by 3.2% during the fourth quarter. Apollon Wealth Management LLC now owns 68,334 shares of the company’s stock valued at $3,860,000 after acquiring an additional 2,130 shares during the last quarter. Apollon Financial LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 10.1% in the fourth quarter. Apollon Financial LLC now owns 46,564 shares of the company’s stock valued at $2,630,000 after acquiring an additional 4,280 shares during the period. Finally, MWA Asset Management grew its stake in shares of Pacer US Cash Cows 100 ETF by 5.5% during the 4th quarter. MWA Asset Management now owns 10,441 shares of the company’s stock valued at $590,000 after purchasing an additional 540 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 0.4 %

BATS COWZ opened at $57.18 on Friday. The stock has a market cap of $23.52 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The company’s 50 day simple moving average is $58.24 and its 200-day simple moving average is $57.68.

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.