Raymond James Financial Inc. Purchases Shares of 15,366,610 Pacer US Cash Cows 100 ETF (BATS:COWZ)

Raymond James Financial Inc. purchased a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 15,366,610 shares of the company’s stock, valued at approximately $867,906,000. Raymond James Financial Inc. owned 3.73% of Pacer US Cash Cows 100 ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COWZ. Janney Montgomery Scott LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 4th quarter valued at $81,029,000. LPL Financial LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 6.1% in the 3rd quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after purchasing an additional 1,132,656 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in Pacer US Cash Cows 100 ETF by 230.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock worth $51,154,000 after acquiring an additional 616,518 shares in the last quarter. Mount Yale Investment Advisors LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter worth $30,897,000. Finally, Matauro LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter worth $22,557,000.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS:COWZ opened at $55.50 on Thursday. The company’s fifty day moving average price is $57.63 and its 200 day moving average price is $57.91. Pacer US Cash Cows 100 ETF has a 12 month low of $53.03 and a 12 month high of $61.92. The firm has a market capitalization of $24.34 billion, a P/E ratio of 13.11 and a beta of 1.03.

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.