Accordant Advisory Group Inc Increases Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Accordant Advisory Group Inc lifted its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 15.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,802 shares of the company’s stock after purchasing an additional 20,457 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for approximately 8.2% of Accordant Advisory Group Inc’s portfolio, making the stock its 4th largest position. Accordant Advisory Group Inc’s holdings in Pacer US Cash Cows 100 ETF were worth $8,461,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of COWZ. Janney Montgomery Scott LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth about $81,029,000. LPL Financial LLC boosted its stake 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 worth $1,143,138,000 after buying an additional 1,132,656 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the second quarter worth approximately $61,929,000. Thrivent Financial for Lutherans boosted its stake in Pacer US Cash Cows 100 ETF by 230.0% in the third quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock worth $51,154,000 after buying an additional 616,518 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter worth approximately $30,897,000.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $58.63 on Wednesday. The stock has a market capitalization of $24.12 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The stock has a 50-day moving average price of $58.57 and a 200 day moving average price of $57.55.

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.