Strategic Financial Concepts LLC Makes New $16.15 Million Investment in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Strategic Financial Concepts LLC purchased a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 285,877 shares of the company’s stock, valued at approximately $16,146,000.

Several other hedge funds have also bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Pacer US Cash Cows 100 ETF by 17.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after purchasing an additional 207 shares in the last quarter. Richardson Capital Management LLC lifted its stake in Pacer US Cash Cows 100 ETF by 10.6% in the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock worth $125,000 after purchasing an additional 207 shares in the last quarter. Mutual Advisors LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 1.5% in the 4th quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock worth $905,000 after buying an additional 229 shares during the last quarter. Accel Wealth Management increased its holdings in shares of Pacer US Cash Cows 100 ETF by 7.4% in the 4th quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock worth $217,000 after buying an additional 264 shares during the last quarter. Finally, MWA Asset Management increased its holdings in shares of Pacer US Cash Cows 100 ETF by 2.8% in the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock worth $573,000 after buying an additional 265 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $57.18 on Friday. The business has a fifty day simple moving average of $58.24 and a 200-day simple moving average of $57.68. The company has a market cap of $23.52 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.