Financial Engines Advisors L.L.C. Takes $509,000 Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Financial Engines Advisors L.L.C. purchased a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 9,016 shares of the company’s stock, valued at approximately $509,000.

A number of other hedge funds have also recently added to or reduced their stakes in COWZ. Murphy & Mullick Capital Management Corp acquired a new position in Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $125,000. Florida Financial Advisors LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 13.7% in the 4th quarter. Florida Financial Advisors LLC now owns 7,198 shares of the company’s stock valued at $407,000 after buying an additional 870 shares during the period. Bay Capital Advisors LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $3,177,000. PKS Advisory Services LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $3,865,000. Finally, Modern Wealth Management LLC grew its holdings in Pacer US Cash Cows 100 ETF by 2.8% during the fourth quarter. Modern Wealth Management LLC now owns 892,810 shares of the company’s stock worth $51,462,000 after acquiring an additional 24,348 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $55.11 on Friday. The company has a market cap of $23.97 billion, a P/E ratio of 13.17 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a one year low of $53.03 and a one year high of $61.92. The business has a fifty day moving average of $57.02 and a two-hundred day moving average of $57.73.

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.