M Holdings Securities Inc. Boosts Stake in Pacer US Cash Cows 100 ETF $COWZ

M Holdings Securities Inc. raised its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,210 shares of the company’s stock after purchasing an additional 632 shares during the quarter. M Holdings Securities Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $778,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in COWZ. Renaissance Technologies LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter worth about $2,338,000. Tower Research Capital LLC TRC bought a new position in Pacer US Cash Cows 100 ETF in the 4th quarter worth about $256,000. Stifel Financial Corp grew its stake in Pacer US Cash Cows 100 ETF by 3.0% in the 4th quarter. Stifel Financial Corp now owns 1,923,393 shares of the company’s stock worth $108,634,000 after acquiring an additional 55,691 shares in the last quarter. IHT Wealth Management LLC grew its stake in Pacer US Cash Cows 100 ETF by 10.1% in the 4th quarter. IHT Wealth Management LLC now owns 318,162 shares of the company’s stock worth $17,970,000 after acquiring an additional 29,292 shares in the last quarter. Finally, Oxford Wealth Group LLC grew its stake in Pacer US Cash Cows 100 ETF by 33.4% in the 4th quarter. Oxford Wealth Group LLC now owns 454,954 shares of the company’s stock worth $25,696,000 after acquiring an additional 113,787 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS COWZ opened at $56.86 on Monday. The firm’s 50 day moving average price is $55.80 and its 200-day moving average price is $54.78. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $61.92. The company has a market cap of $21.46 billion, a PE ratio of 14.17 and a beta of 0.95.

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.