Thrivent Financial for Lutherans Makes New $12.77 Million Investment in Pacer US Cash Cows 100 ETF $COWZ

Thrivent Financial for Lutherans purchased a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 212,241 shares of the company’s stock, valued at approximately $12,771,000.

Several other institutional investors and hedge funds also recently modified their holdings of COWZ. Capital Asset Advisory Services LLC raised its position in Pacer US Cash Cows 100 ETF by 1.9% in the 4th quarter. Capital Asset Advisory Services LLC now owns 975,844 shares of the company’s stock valued at $60,083,000 after buying an additional 17,863 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Pacer US Cash Cows 100 ETF by 1,256.1% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock worth $51,139,000 after acquiring an additional 824,222 shares in the last quarter. Provident Wealth Management LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 0.9% during the 4th quarter. Provident Wealth Management LLC now owns 819,714 shares of the company’s stock worth $49,322,000 after acquiring an additional 7,245 shares in the last quarter. Evensky & Katz LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 3.1% in the third quarter. Evensky & Katz LLC now owns 805,116 shares of the company’s stock valued at $46,270,000 after purchasing an additional 24,458 shares during the last quarter. Finally, Aprio Wealth Management LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 5.3% in the fourth quarter. Aprio Wealth Management LLC now owns 704,058 shares of the company’s stock valued at $42,363,000 after purchasing an additional 35,747 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 1.0%

Shares of COWZ opened at $63.59 on Tuesday. The stock has a market capitalization of $24.00 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12 month low of $52.82 and a 12 month high of $64.97. The firm has a fifty day simple moving average of $62.68 and a 200 day simple moving average of $61.72.

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.