Pacer US Cash Cows 100 ETF (BATS:COWZ) Shares Purchased by Strategic Equity Management

Strategic Equity Management increased its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.7% in the fourth quarter, HoldingsChannel reports. The firm owned 160,477 shares of the company’s stock after acquiring an additional 14,178 shares during the period. Pacer US Cash Cows 100 ETF accounts for about 3.8% of Strategic Equity Management’s investment portfolio, making the stock its 10th biggest holding. Strategic Equity Management’s holdings in Pacer US Cash Cows 100 ETF were worth $9,064,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in COWZ. Richardson Capital Management LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 10.6% during the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock valued at $125,000 after buying an additional 207 shares during the period. Mutual Advisors LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 1.5% during the 4th quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock valued at $905,000 after buying an additional 229 shares during the period. Accel Wealth Management boosted its stake in shares of Pacer US Cash Cows 100 ETF by 7.4% during the 4th quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock valued at $217,000 after buying an additional 264 shares during the period. MWA Asset Management boosted its stake in shares of Pacer US Cash Cows 100 ETF by 2.8% during the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock valued at $573,000 after buying an additional 265 shares during the period. Finally, Kraematon Investment Advisors Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 1.8% during the 4th quarter. Kraematon Investment Advisors Inc. now owns 15,779 shares of the company’s stock valued at $891,000 after buying an additional 280 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 2.0 %

Shares of BATS:COWZ opened at $56.22 on Friday. The firm has a fifty day moving average of $57.55 and a two-hundred day moving average of $57.91. The firm has a market capitalization of $24.66 billion, a P/E ratio of 13.11 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 12-month low of $53.03 and a 12-month high of $61.92.

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.