Pacer US Cash Cows 100 ETF $COWZ Shares Purchased by Cerro Pacific Wealth Advisors LLC

Cerro Pacific Wealth Advisors LLC increased its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 17.5% during the 2nd quarter, Holdings Channel reports. The fund owned 74,201 shares of the company’s stock after purchasing an additional 11,046 shares during the quarter. Pacer US Cash Cows 100 ETF makes up about 1.1% of Cerro Pacific Wealth Advisors LLC’s investment portfolio, making the stock its 24th largest position. Cerro Pacific Wealth Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,088,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COWZ. Sequoia Financial Advisors LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the first quarter worth about $93,107,000. AlphaCore Capital LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the first quarter worth about $37,685,000. SCS Capital Management LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the first quarter worth about $31,831,000. LPL Financial LLC grew its holdings in Pacer US Cash Cows 100 ETF by 2.6% during the first quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock worth $1,162,523,000 after acquiring an additional 535,597 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in Pacer US Cash Cows 100 ETF by 57.5% during the first quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock worth $77,771,000 after acquiring an additional 522,242 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 3.0%

Pacer US Cash Cows 100 ETF stock opened at $55.65 on Friday. The firm has a market cap of $21.00 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 52 week low of $46.64 and a 52 week high of $61.92. The business’s 50-day moving average price is $57.14 and its 200 day moving average price is $54.97.

Pacer US Cash Cows 100 ETF Company 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.