Lowe Wealth Advisors LLC raised its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 7.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 16,461 shares of the company’s stock after buying an additional 1,163 shares during the period. Pacer US Cash Cows 100 ETF makes up about 0.4% of Lowe Wealth Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Lowe Wealth Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $930,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 25.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock valued at $348,981,000 after purchasing an additional 1,281,810 shares during the period. LPL Financial LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 6.1% in the 3rd quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock worth $1,143,138,000 after buying an additional 1,132,656 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter worth $61,929,000. Thrivent Financial for Lutherans increased its stake in shares of Pacer US Cash Cows 100 ETF by 230.0% during the third quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock valued at $51,154,000 after buying an additional 616,518 shares during the period. Finally, Truist Financial Corp raised its holdings in shares of Pacer US Cash Cows 100 ETF by 150.4% in the second quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock valued at $49,155,000 after acquiring an additional 541,800 shares in the last quarter.
Pacer US Cash Cows 100 ETF Trading Down 0.2 %
Pacer US Cash Cows 100 ETF stock traded down $0.12 during midday trading on Friday, hitting $56.91. 1,944,372 shares of the company’s stock were exchanged. The firm has a market cap of $23.42 billion, a P/E ratio of 8.66 and a beta of 0.79. The business’s 50 day moving average price is $58.75 and its 200-day moving average price is $57.20.
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.
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Want to see what other hedge funds are holding COWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report).
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