Cornerstone Planning Group LLC Increases Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Cornerstone Planning Group LLC increased its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 193,432 shares of the company’s stock after buying an additional 11,042 shares during the period. Pacer US Cash Cows 100 ETF accounts for 2.3% of Cornerstone Planning Group LLC’s holdings, making the stock its 13th biggest position. Cornerstone Planning Group LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $9,809,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC raised its position in Pacer US Cash Cows 100 ETF by 5,375.9% in the first quarter. GAMMA Investing LLC now owns 17,304 shares of the company’s stock valued at $948,000 after purchasing an additional 16,988 shares during the period. BNP Paribas Financial Markets lifted its position in Pacer US Cash Cows 100 ETF by 171.1% during the fourth quarter. BNP Paribas Financial Markets now owns 4,077 shares of the company’s stock worth $230,000 after buying an additional 2,573 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in Pacer US Cash Cows 100 ETF by 114.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,749 shares of the company’s stock valued at $212,000 after buying an additional 2,002 shares during the period. Jane Street Group LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 16.2% during the fourth quarter. Jane Street Group LLC now owns 27,901 shares of the company’s stock worth $1,576,000 after acquiring an additional 3,888 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in Pacer US Cash Cows 100 ETF by 54.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 9,676 shares of the company’s stock valued at $547,000 after buying an additional 3,392 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $56.73 on Wednesday. The firm has a fifty day moving average of $54.29 and a 200-day moving average of $55.04. The company has a market cap of $21.41 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 1 year low of $46.64 and a 1 year 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.