Fortis Capital Management LLC Has $2.80 Million Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Fortis Capital Management LLC raised its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 11.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,646 shares of the company’s stock after acquiring an additional 5,201 shares during the quarter. Fortis Capital Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,804,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in COWZ. Raymond James Financial Inc. acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth about $867,906,000. Commonwealth Equity Services LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 2.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 5,374,353 shares of the company’s stock worth $303,543,000 after buying an additional 112,586 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of Pacer US Cash Cows 100 ETF by 5.6% during the 4th quarter. Avantax Advisory Services Inc. now owns 2,633,540 shares of the company’s stock worth $148,742,000 after buying an additional 139,206 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Pacer US Cash Cows 100 ETF by 10.2% during the 3rd quarter. Stifel Financial Corp now owns 1,867,702 shares of the company’s stock worth $108,009,000 after buying an additional 172,652 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 4.1% during the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock worth $104,084,000 after buying an additional 70,617 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS COWZ opened at $54.99 on Friday. The firm has a 50-day moving average of $57.17 and a 200-day moving average of $57.77. The stock has a market cap of $23.92 billion, a PE ratio of 13.17 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 52-week low of $53.03 and a 52-week high of $61.92.

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.