ETF Store Inc. Purchases New Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

ETF Store Inc. acquired a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,876 shares of the company’s stock, valued at approximately $224,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Client Services LLC raised its position in Pacer US Cash Cows 100 ETF by 4.5% during the third quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after purchasing an additional 2,976 shares during the period. Hazlett Burt & Watson Inc. raised its position in Pacer US Cash Cows 100 ETF by 8.6% during the second quarter. Hazlett Burt & Watson Inc. now owns 25,613 shares of the company’s stock valued at $1,395,000 after purchasing an additional 2,030 shares during the period. Goldstein Advisors LLC raised its position in Pacer US Cash Cows 100 ETF by 2.7% during the second quarter. Goldstein Advisors LLC now owns 493,668 shares of the company’s stock valued at $26,900,000 after purchasing an additional 12,905 shares during the period. SPC Financial Inc. raised its position in Pacer US Cash Cows 100 ETF by 4.8% during the second quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock valued at $10,415,000 after purchasing an additional 8,839 shares during the period. Finally, LRI Investments LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the first quarter valued at approximately $104,000.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ stock opened at $58.89 on Monday. The company’s 50-day moving average is $57.79 and its 200 day moving average is $56.27. The stock has a market capitalization of $24.23 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.