Avaii Wealth Management LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 0.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 161,308 shares of the company’s stock after purchasing an additional 1,514 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 4.5% of Avaii Wealth Management LLC’s holdings, making the stock its 6th biggest position. Avaii Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $9,111,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Janney Montgomery Scott LLC bought a new stake in Pacer US Cash Cows 100 ETF during the fourth quarter worth $81,029,000. LPL Financial LLC increased its holdings in Pacer US Cash Cows 100 ETF by 6.1% in the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after purchasing an additional 1,132,656 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at about $61,929,000. Thrivent Financial for Lutherans raised its holdings in Pacer US Cash Cows 100 ETF by 230.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock worth $51,154,000 after purchasing an additional 616,518 shares during the last quarter. Finally, Truist Financial Corp raised its stake in Pacer US Cash Cows 100 ETF by 150.4% during the second quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock worth $49,155,000 after buying an additional 541,800 shares during the last quarter.
Pacer US Cash Cows 100 ETF Price Performance
Shares of BATS:COWZ opened at $58.65 on Friday. The firm has a market cap of $24.13 billion, a P/E ratio of 8.66 and a beta of 0.79. The company has a 50-day simple moving average of $58.59 and a 200-day simple moving average of $57.48.
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.
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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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