MAI Capital Management Purchases 2,315 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

MAI Capital Management raised its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 438,656 shares of the company’s stock after acquiring an additional 2,315 shares during the quarter. MAI Capital Management’s holdings in Pacer US Cash Cows 100 ETF were worth $25,367,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of COWZ. LPL Financial LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 13.3% during the 2nd quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock valued at $1,015,397,000 after purchasing an additional 2,184,380 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Pacer US Cash Cows 100 ETF by 25.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock worth $348,981,000 after buying an additional 1,281,810 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter valued at about $61,929,000. Thrivent Financial for Lutherans raised its stake in Pacer US Cash Cows 100 ETF by 230.0% in the third quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock valued at $51,154,000 after buying an additional 616,518 shares during the last quarter. Finally, Truist Financial Corp boosted its holdings in Pacer US Cash Cows 100 ETF by 150.4% in the second quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock worth $49,155,000 after acquiring an additional 541,800 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ stock opened at $58.89 on Monday. The stock has a market capitalization of $24.23 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The business’s fifty day simple moving average is $57.79 and its 200-day simple moving average is $56.27.

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.