Pacer US Cash Cows 100 ETF $COWZ Stock Position Raised by Apexium Financial LP

Apexium Financial LP increased its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 529,833 shares of the company’s stock after purchasing an additional 22,133 shares during the quarter. Pacer US Cash Cows 100 ETF makes up about 1.5% of Apexium Financial LP’s investment portfolio, making the stock its 10th largest position. Apexium Financial LP’s holdings in Pacer US Cash Cows 100 ETF were worth $29,194,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its holdings in Pacer US Cash Cows 100 ETF by 7.4% in the 1st quarter. Assetmark Inc. now owns 2,942 shares of the company’s stock valued at $161,000 after purchasing an additional 202 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 5,375.9% in the 1st quarter. GAMMA Investing LLC now owns 17,304 shares of the company’s stock valued at $948,000 after purchasing an additional 16,988 shares in the last quarter. Bare Financial Services Inc purchased a new position in Pacer US Cash Cows 100 ETF in the 1st quarter valued at about $95,000. PNC Financial Services Group Inc. lifted its holdings in Pacer US Cash Cows 100 ETF by 19.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,584 shares of the company’s stock valued at $634,000 after purchasing an additional 1,908 shares in the last quarter. Finally, Aveo Capital Partners LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 24.1% in the 1st quarter. Aveo Capital Partners LLC now owns 127,082 shares of the company’s stock valued at $6,627,000 after purchasing an additional 24,709 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 0.8%

BATS:COWZ opened at $57.83 on Friday. The firm has a market cap of $21.82 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The company’s 50-day moving average is $57.06 and its two-hundred day moving average is $54.91. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $61.92.

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.