Pacer US Cash Cows 100 ETF (BATS:COWZ) Stake Raised by RiverTree Advisors LLC

RiverTree Advisors LLC increased its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 128,498 shares of the company’s stock after purchasing an additional 8,912 shares during the quarter. Pacer US Cash Cows 100 ETF comprises approximately 4.8% of RiverTree Advisors LLC’s investment portfolio, making the stock its 7th biggest position. RiverTree Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $7,258,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Verition Fund Management LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the third quarter worth $239,000. Brass Tax Wealth Management Inc. increased its stake in Pacer US Cash Cows 100 ETF by 15.5% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock worth $804,000 after buying an additional 1,870 shares during the period. Private Client Services LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 4.5% during the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after buying an additional 2,976 shares in the last quarter. SPC Financial Inc. boosted its position in Pacer US Cash Cows 100 ETF by 4.8% in the 2nd quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock valued at $10,415,000 after buying an additional 8,839 shares during the period. Finally, HighTower Advisors LLC boosted its position in Pacer US Cash Cows 100 ETF by 4.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock valued at $104,084,000 after buying an additional 70,617 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 1.8 %

Shares of BATS:COWZ opened at $58.41 on Monday. The stock’s 50 day moving average is $58.71 and its 200 day moving average is $57.31. The stock has a market capitalization of $24.03 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.