Pacer US Cash Cows 100 ETF (BATS:COWZ) Reaches New 52-Week High – Here’s What Happened

Pacer US Cash Cows 100 ETF (BATS:COWZ) reached a new 52-week high on Friday . The stock traded as high as $65.95 and last traded at $65.46, with a volume of 176803 shares changing hands. The stock had previously closed at $65.20.

Pacer US Cash Cows 100 ETF Stock Performance

The firm has a market cap of $24.53 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The business has a fifty day simple moving average of $63.56 and a 200-day simple moving average of $62.99.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. First Trust Advisors LP acquired a new position in shares of Pacer US Cash Cows 100 ETF in the second quarter worth approximately $268,000. Qube Research & Technologies Ltd raised its holdings in Pacer US Cash Cows 100 ETF by 8.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 114,231 shares of the company’s stock worth $6,294,000 after purchasing an additional 8,807 shares during the last quarter. NCM Capital Management LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 2.4% in the 2nd quarter. NCM Capital Management LLC now owns 41,532 shares of the company’s stock valued at $2,291,000 after purchasing an additional 954 shares during the last quarter. Ausdal Financial Partners Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 302,611 shares of the company’s stock valued at $16,674,000 after purchasing an additional 22,578 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 1.1% in the 2nd quarter. Benjamin Edwards Inc. now owns 69,713 shares of the company’s stock valued at $3,841,000 after purchasing an additional 792 shares during the last quarter.

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.