Tcfg Wealth Management LLC Invests $328,000 in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Tcfg Wealth Management LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,809 shares of the company’s stock, valued at approximately $328,000.

Other institutional investors have also modified their holdings of the company. DecisionPoint Financial LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth about $26,000. Blue Trust Inc. bought a new position in shares of Pacer US Cash Cows 100 ETF during the third quarter worth about $45,000. Crews Bank & Trust bought a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth about $52,000. Empowered Funds LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth about $56,000. Finally, Investors Research Corp grew its position in shares of Pacer US Cash Cows 100 ETF by 498.8% during the third quarter. Investors Research Corp now owns 1,006 shares of the company’s stock worth $58,000 after acquiring an additional 838 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 1.4 %

COWZ stock opened at $58.17 on Friday. The firm has a market capitalization of $23.93 billion, a P/E ratio of 8.66 and a beta of 0.79. The business has a fifty day moving average of $57.93 and a 200-day moving average of $57.73.

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.