Jacobi Capital Management LLC Boosts Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Jacobi Capital Management LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 35.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,664 shares of the company’s stock after acquiring an additional 1,989 shares during the period. Jacobi Capital Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $445,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Global Assets Advisory LLC boosted its stake in Pacer US Cash Cows 100 ETF by 5,941.5% during the 1st quarter. Global Assets Advisory LLC now owns 1,694,524 shares of the company’s stock valued at $98,469,000 after acquiring an additional 1,666,476 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth about $85,260,000. Raymond James & Associates grew its stake in Pacer US Cash Cows 100 ETF by 20.8% in the first quarter. Raymond James & Associates now owns 6,383,907 shares of the company’s stock worth $370,969,000 after purchasing an additional 1,099,029 shares in the last quarter. Wells Fargo & Company MN grew its stake in Pacer US Cash Cows 100 ETF by 9.5% in the fourth quarter. Wells Fargo & Company MN now owns 9,498,765 shares of the company’s stock worth $493,841,000 after purchasing an additional 822,076 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in Pacer US Cash Cows 100 ETF by 21.7% in the first quarter. Commonwealth Equity Services LLC now owns 4,324,179 shares of the company’s stock valued at $251,278,000 after buying an additional 772,136 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS COWZ traded up $0.29 on Tuesday, hitting $56.32. 2,128,967 shares of the stock traded hands. The company has a fifty day moving average price of $54.99 and a 200-day moving average price of $54.59. The stock has a market capitalization of $23.17 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.