KPP Advisory Services LLC Buys 28,015 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

KPP Advisory Services LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 152.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 46,379 shares of the company’s stock after buying an additional 28,015 shares during the quarter. KPP Advisory Services LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,682,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. LPL Financial LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 13.3% during the 2nd quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock valued at $1,015,397,000 after purchasing an additional 2,184,380 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Pacer US Cash Cows 100 ETF by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock valued at $348,981,000 after acquiring an additional 1,281,810 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at $61,929,000. Truist Financial Corp increased its position in shares of Pacer US Cash Cows 100 ETF by 150.4% in the 2nd quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock valued at $49,155,000 after acquiring an additional 541,800 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 12.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,860,894 shares of the company’s stock valued at $264,870,000 after acquiring an additional 536,715 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 1.2 %

COWZ traded down $0.69 during midday trading on Friday, hitting $58.89. 1,760,418 shares of the company were exchanged. The business has a fifty day moving average of $57.79 and a 200 day moving average of $56.25. The stock has a market cap of $24.23 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.