NewEdge Advisors LLC Increases Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

NewEdge Advisors LLC raised its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 533,809 shares of the company’s stock after purchasing an additional 26,521 shares during the quarter. NewEdge Advisors LLC owned 0.14% of Pacer US Cash Cows 100 ETF worth $33,395,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in COWZ. Motiv8 Investments LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the fourth quarter valued at approximately $26,000. Field & Main Bank purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth $27,000. Colonial Trust Co SC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 175.6% during the 4th quarter. Colonial Trust Co SC now owns 496 shares of the company’s stock worth $30,000 after acquiring an additional 316 shares during the last quarter. Newbridge Financial Services Group Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 1,217.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after acquiring an additional 487 shares during the period. Finally, Simplex Trading LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 75.6% during the 4th quarter. Simplex Trading LLC now owns 539 shares of the company’s stock valued at $32,000 after acquiring an additional 232 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ opened at $69.24 on Friday. The firm has a market capitalization of $26.13 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $55.21 and a one year high of $69.28. The business has a fifty day moving average price of $64.44 and a 200-day moving average price of $63.54.

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.