PFG Investments LLC Acquires 7,751 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

PFG Investments LLC raised its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 173.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,211 shares of the company’s stock after purchasing an additional 7,751 shares during the quarter. PFG Investments LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Global Assets Advisory LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 5,941.5% during the 1st quarter. Global Assets Advisory LLC now owns 1,694,524 shares of the company’s stock worth $98,469,000 after acquiring an additional 1,666,476 shares during the period. International Assets Investment Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth $85,260,000. Envestnet Asset Management Inc. grew its stake in shares of Pacer US Cash Cows 100 ETF by 69.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,276,874 shares of the company’s stock worth $161,976,000 after acquiring an additional 1,341,873 shares during the period. LPL Financial LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 10.3% during the 3rd quarter. LPL Financial LLC now owns 13,217,124 shares of the company’s stock worth $653,322,000 after acquiring an additional 1,233,027 shares during the period. Finally, Raymond James & Associates grew its stake in shares of Pacer US Cash Cows 100 ETF by 20.8% during the 1st quarter. Raymond James & Associates now owns 6,383,907 shares of the company’s stock worth $370,969,000 after acquiring an additional 1,099,029 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ traded down $1.25 during trading on Tuesday, reaching $54.83. 2,281,909 shares of the company were exchanged. The company has a 50-day simple moving average of $55.82 and a 200-day simple moving average of $52.49. The stock has a market cap of $22.06 billion, a P/E ratio of 8.87 and a beta of 0.81.

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.