Concurrent Investment Advisors LLC Boosts Stake in Pacer US Cash Cows 100 ETF $COWZ

Concurrent Investment Advisors LLC increased its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 315,772 shares of the company’s stock after buying an additional 12,477 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.08% of Pacer US Cash Cows 100 ETF worth $19,641,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in COWZ. First Trust Advisors LP purchased a new stake in Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $268,000. Qube Research & Technologies Ltd boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 8.4% in the second quarter. Qube Research & Technologies Ltd now owns 114,231 shares of the company’s stock valued at $6,294,000 after acquiring an additional 8,807 shares during the period. NCM Capital Management LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 2.4% in the second quarter. NCM Capital Management LLC now owns 41,532 shares of the company’s stock valued at $2,291,000 after acquiring an additional 954 shares during the period. Ausdal Financial Partners Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 8.1% during the second quarter. Ausdal Financial Partners Inc. now owns 302,611 shares of the company’s stock worth $16,674,000 after acquiring an additional 22,578 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 1.1% during the second quarter. Benjamin Edwards Inc. now owns 69,713 shares of the company’s stock worth $3,841,000 after acquiring an additional 792 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $72.23 on Friday. The firm’s fifty day simple moving average is $67.49 and its 200-day simple moving average is $64.70. Pacer US Cash Cows 100 ETF has a 12 month low of $55.62 and a 12 month high of $72.52. The stock has a market capitalization of $27.26 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95.

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.