Stegent Equity Advisors Inc. Grows Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Stegent Equity Advisors Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 22.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,189 shares of the company’s stock after purchasing an additional 9,341 shares during the period. Pacer US Cash Cows 100 ETF makes up 2.9% of Stegent Equity Advisors Inc.’s portfolio, making the stock its 9th biggest position. Stegent Equity Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,891,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of COWZ. Richardson Capital Management LLC lifted its stake in Pacer US Cash Cows 100 ETF by 10.6% in the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock valued at $125,000 after acquiring an additional 207 shares in the last quarter. Mutual Advisors LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 1.5% during the 4th quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock worth $905,000 after purchasing an additional 229 shares during the last quarter. Accel Wealth Management increased its position in shares of Pacer US Cash Cows 100 ETF by 7.4% during the 4th quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock worth $217,000 after purchasing an additional 264 shares during the last quarter. MWA Asset Management increased its position in shares of Pacer US Cash Cows 100 ETF by 2.8% during the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock worth $573,000 after purchasing an additional 265 shares during the last quarter. Finally, Kraematon Investment Advisors Inc. increased its position in shares of Pacer US Cash Cows 100 ETF by 1.8% during the 4th quarter. Kraematon Investment Advisors Inc. now owns 15,779 shares of the company’s stock worth $891,000 after purchasing an additional 280 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ opened at $57.47 on Thursday. The firm has a market cap of $25.21 billion, a price-to-earnings ratio of 13.11 and a beta of 1.03. The business’s fifty day moving average is $57.70 and its 200 day moving average is $57.87.

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.