Wellspring Financial Advisors LLC Invests $1.28 Million in Pacer US Cash Cows 100 ETF $COWZ

Wellspring Financial Advisors LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 21,261 shares of the company’s stock, valued at approximately $1,282,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. L & S Advisors Inc lifted its stake in shares of Pacer US Cash Cows 100 ETF by 2.8% during the fourth quarter. L & S Advisors Inc now owns 6,110 shares of the company’s stock worth $368,000 after buying an additional 169 shares during the period. Hofer & Associates. Inc raised its holdings in shares of Pacer US Cash Cows 100 ETF by 1.7% during the fourth quarter. Hofer & Associates. Inc now owns 10,474 shares of the company’s stock worth $630,000 after purchasing an additional 171 shares during the last quarter. Newbridge Financial Services Group Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF by 24.6% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 880 shares of the company’s stock worth $53,000 after purchasing an additional 174 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF by 5.3% during the third quarter. Assetmark Inc. now owns 3,455 shares of the company’s stock worth $199,000 after purchasing an additional 175 shares during the last quarter. Finally, Capital Investment Advisory Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 0.4% during the fourth quarter. Capital Investment Advisory Services LLC now owns 44,019 shares of the company’s stock worth $2,649,000 after purchasing an additional 177 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $63.02 on Thursday. The firm has a fifty day moving average price of $63.27 and a 200 day moving average price of $62.46. Pacer US Cash Cows 100 ETF has a 1 year low of $54.13 and a 1 year high of $65.64. The stock has a market cap of $23.78 billion, a PE ratio of 14.17 and a beta of 0.95.

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.