IHT Wealth Management LLC Has $16.70 Million Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

IHT Wealth Management LLC boosted its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 46.9% in the third quarter, Holdings Channel.com reports. The firm owned 288,870 shares of the company’s stock after acquiring an additional 92,279 shares during the period. IHT Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $16,703,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its position 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 purchasing an additional 1,132,656 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Pacer US Cash Cows 100 ETF by 7.5% in the 3rd quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock valued at $418,453,000 after acquiring an additional 503,678 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Pacer US Cash Cows 100 ETF by 4.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,731,230 shares of the company’s stock valued at $366,785,000 after acquiring an additional 257,285 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Pacer US Cash Cows 100 ETF by 25.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock valued at $348,981,000 after acquiring an additional 1,281,810 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in Pacer US Cash Cows 100 ETF by 8.2% during the third quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock worth $304,288,000 after acquiring an additional 400,873 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

COWZ stock traded up $0.21 during mid-day trading on Tuesday, reaching $61.08. The company had a trading volume of 1,726,395 shares. The company has a market capitalization of $25.13 billion, a P/E ratio of 8.66 and a beta of 0.79. The stock’s 50 day moving average is $58.63 and its 200 day moving average is $56.64.

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.