Pacer US Cash Cows 100 ETF (BATS:COWZ) is Penobscot Wealth Management’s 9th Largest Position

Penobscot Wealth Management grew its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 72,986 shares of the company’s stock after buying an additional 4,061 shares during the period. Pacer US Cash Cows 100 ETF accounts for 1.9% of Penobscot Wealth Management’s investment portfolio, making the stock its 9th biggest position. Penobscot Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $4,122,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. LPL Financial LLC grew its position in shares of 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 purchasing an additional 1,132,656 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter valued at $867,906,000. Avantax Advisory Services Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 5.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 2,633,540 shares of the company’s stock valued at $148,742,000 after purchasing an additional 139,206 shares during the period. Stifel Financial Corp grew its position in shares of Pacer US Cash Cows 100 ETF by 10.2% in the third quarter. Stifel Financial Corp now owns 1,867,702 shares of the company’s stock valued at $108,009,000 after purchasing an additional 172,652 shares during the period. Finally, HighTower Advisors LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 4.1% in the third quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock valued at $104,084,000 after purchasing an additional 70,617 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 5.6 %

Shares of BATS:COWZ opened at $54.20 on Thursday. The company has a market cap of $23.77 billion, a P/E ratio of 13.11 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 52 week low of $53.03 and a 52 week high of $61.92. The business has a fifty day simple moving average of $57.47 and a 200-day simple moving average of $57.90.

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.