Tyche Wealth Partners LLC Invests $881,000 in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Tyche Wealth Partners LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 16,939 shares of the company’s stock, valued at approximately $881,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Larson Financial Group LLC raised its stake in Pacer US Cash Cows 100 ETF by 77.2% in the 3rd quarter. Larson Financial Group LLC now owns 512 shares of the company’s stock worth $25,000 after acquiring an additional 223 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the 2nd quarter valued at about $28,000. Bank of Montreal Can acquired a new position in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at about $30,000. Legacy Financial Group LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the third quarter worth about $31,000. Finally, Crewe Advisors LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the third quarter worth about $35,000.

Pacer US Cash Cows 100 ETF Stock Performance

BATS:COWZ traded down $0.38 during midday trading on Tuesday, hitting $55.14. The company’s stock had a trading volume of 2,375,081 shares. The company has a market capitalization of $22.19 billion, a price-to-earnings ratio of 8.87 and a beta of 0.81. The company’s fifty day simple moving average is $55.29 and its 200 day simple moving average is $52.07.

Pacer US Cash Cows 100 ETF 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.