Pacer US Cash Cows 100 ETF (BATS:COWZ) is Grant Street Asset Management Inc.’s 4th Largest Position

Grant Street Asset Management Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 451,857 shares of the company’s stock after buying an additional 3,957 shares during the period. Pacer US Cash Cows 100 ETF comprises 7.7% of Grant Street Asset Management Inc.’s portfolio, making the stock its 4th largest holding. Grant Street Asset Management Inc. owned 0.11% of Pacer US Cash Cows 100 ETF worth $26,131,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. American Capital Advisory LLC bought a new position in Pacer US Cash Cows 100 ETF during the second quarter valued at $26,000. GoalVest Advisory LLC purchased a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter valued at about $29,000. Central Bank & Trust Co. purchased a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter valued at about $31,000. Strategic Financial Concepts LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 260.8% during the 2nd quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock worth $32,000 after acquiring an additional 42,367 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its stake in shares of Pacer US Cash Cows 100 ETF by 137.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock worth $38,000 after acquiring an additional 400 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS COWZ opened at $58.80 on Wednesday. The company has a market cap of $24.19 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The stock’s 50 day moving average price is $57.94 and its 200 day moving average price is $56.33.

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.