LPL Financial LLC Grows Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

LPL Financial LLC boosted its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,693,823 shares of the company’s stock after buying an additional 926,609 shares during the period. LPL Financial LLC owned approximately 5.03% of Pacer US Cash Cows 100 ETF worth $1,168,787,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Blueprint Investment Partners LLC purchased a new position in Pacer US Cash Cows 100 ETF in the 4th quarter valued at approximately $344,000. Fortis Capital Management LLC grew its stake in Pacer US Cash Cows 100 ETF by 11.7% in the 4th quarter. Fortis Capital Management LLC now owns 49,646 shares of the company’s stock valued at $2,804,000 after buying an additional 5,201 shares in the last quarter. Sfmg LLC grew its stake in Pacer US Cash Cows 100 ETF by 0.6% in the 4th quarter. Sfmg LLC now owns 851,430 shares of the company’s stock valued at $48,089,000 after buying an additional 5,202 shares in the last quarter. Runnymede Capital Advisors Inc. purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $165,000. Finally, ZEGA Investments LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter valued at $1,178,000.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $54.99 on Friday. The company has a fifty day moving average price of $57.17 and a 200-day moving average price of $57.77. The firm has a market capitalization of $23.92 billion, a P/E ratio of 13.17 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a one year low of $53.03 and a one year high of $61.92.

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.