Moors & Cabot Inc. Buys 8,372 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Moors & Cabot Inc. grew its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,913 shares of the company’s stock after acquiring an additional 8,372 shares during the period. Moors & Cabot Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $7,394,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in COWZ. Raymond James Financial Inc. acquired a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $867,906,000. Janney Montgomery Scott LLC acquired a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $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 valued at $1,143,138,000 after acquiring an additional 1,132,656 shares in the last quarter. 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 valued at $51,154,000 after acquiring an additional 616,518 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC acquired a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $30,897,000.

Pacer US Cash Cows 100 ETF Price Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $54.72 on Wednesday. The firm has a fifty day moving average price of $57.47 and a 200 day moving average price of $57.90. Pacer US Cash Cows 100 ETF has a 1 year low of $53.03 and a 1 year high of $61.92. The stock has a market cap of $24.00 billion, a PE ratio of 13.11 and a beta of 1.03.

Pacer US Cash Cows 100 ETF Company 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.