Modera Wealth Management LLC Boosts Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Modera Wealth Management LLC lifted its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 36.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 8,024 shares of the company’s stock after purchasing an additional 2,159 shares during the quarter. Modera Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $453,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of COWZ. LPL Financial LLC increased its position in shares of 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 buying an additional 1,132,656 shares in the last quarter. Stifel Financial Corp increased its holdings in Pacer US Cash Cows 100 ETF by 10.2% in the 3rd quarter. Stifel Financial Corp now owns 1,867,702 shares of the company’s stock worth $108,009,000 after acquiring an additional 172,652 shares in the last quarter. HighTower Advisors LLC raised its position in Pacer US Cash Cows 100 ETF by 4.1% during the third quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock worth $104,084,000 after acquiring an additional 70,617 shares during the period. Carlson Capital Management raised its position in Pacer US Cash Cows 100 ETF by 5.8% during the third quarter. Carlson Capital Management now owns 1,731,824 shares of the company’s stock worth $100,151,000 after acquiring an additional 94,434 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new position in Pacer US Cash Cows 100 ETF during the fourth quarter valued at $81,029,000.

Pacer US Cash Cows 100 ETF Stock Down 3.7 %

COWZ stock opened at $55.28 on Wednesday. Pacer US Cash Cows 100 ETF has a 52 week low of $53.03 and a 52 week high of $61.92. The firm has a 50-day simple moving average of $57.65 and a 200-day simple moving average of $57.91. The stock has a market capitalization of $24.25 billion, a P/E ratio of 13.11 and a beta of 1.03.

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.