Financial Management Network Inc. Acquires 2,447 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Financial Management Network Inc. increased its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 113,830 shares of the company’s stock after acquiring an additional 2,447 shares during the quarter. Pacer US Cash Cows 100 ETF comprises approximately 1.3% of Financial Management Network Inc.’s investment portfolio, making the stock its 18th biggest holding. Financial Management Network Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $6,488,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Richardson Capital Management LLC boosted its stake in Pacer US Cash Cows 100 ETF by 10.6% during the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock worth $125,000 after acquiring an additional 207 shares during the last quarter. Mutual Advisors LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 1.5% in the fourth quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock valued at $905,000 after buying an additional 229 shares during the period. Accel Wealth Management boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 7.4% in the fourth quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock valued at $217,000 after buying an additional 264 shares during the period. MWA Asset Management boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 2.8% in the third quarter. MWA Asset Management now owns 9,901 shares of the company’s stock valued at $573,000 after buying an additional 265 shares during the period. Finally, Kraematon Investment Advisors Inc. boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 1.8% in the fourth quarter. Kraematon Investment Advisors Inc. now owns 15,779 shares of the company’s stock valued at $891,000 after buying an additional 280 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Pacer US Cash Cows 100 ETF stock opened at $58.64 on Wednesday. The firm has a market capitalization of $24.13 billion, a PE ratio of 8.66 and a beta of 0.79. The firm has a fifty day moving average of $57.85 and a 200 day moving average of $57.74.

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.