Pacer US Cash Cows 100 ETF $COWZ Stock Position Lifted by Sierra Capital LLC

Sierra Capital LLC boosted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 64.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,396 shares of the company’s stock after buying an additional 2,901 shares during the quarter. Sierra Capital LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $408,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of COWZ. Proffitt & Goodson Inc. acquired a new position in Pacer US Cash Cows 100 ETF in the 2nd quarter worth about $25,000. Costello Asset Management INC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at approximately $26,000. Brentview Investment Management LLC acquired a new position in Pacer US Cash Cows 100 ETF in the first quarter worth approximately $27,000. Redwood Park Advisors LLC bought a new position in Pacer US Cash Cows 100 ETF during the second quarter valued at approximately $28,000. Finally, Flaharty Asset Management LLC bought a new position in Pacer US Cash Cows 100 ETF during the first quarter valued at approximately $31,000.

Pacer US Cash Cows 100 ETF Stock Up 2.1%

Shares of COWZ opened at $58.58 on Monday. The firm has a market cap of $22.11 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The company’s fifty day moving average is $57.53 and its 200-day moving average is $56.19. Pacer US Cash Cows 100 ETF has a 12 month low of $46.64 and a 12 month 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.