Retirement Planning Group LLC Makes New $26.48 Million Investment in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Retirement Planning Group LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 486,012 shares of the company’s stock, valued at approximately $26,483,000. Pacer US Cash Cows 100 ETF makes up 1.7% of Retirement Planning Group LLC’s portfolio, making the stock its 15th biggest position. Retirement Planning Group LLC owned approximately 0.12% of Pacer US Cash Cows 100 ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COWZ. Rocky Mountain Advisers LLC acquired a new position in Pacer US Cash Cows 100 ETF during the first quarter valued at approximately $26,000. Bogart Wealth LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 4th quarter valued at approximately $28,000. HHM Wealth Advisors LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 563.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 610 shares of the company’s stock valued at $32,000 after buying an additional 518 shares in the last quarter. Tidemark LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the fourth quarter valued at $33,000. Finally, Mather Group LLC. acquired a new position in Pacer US Cash Cows 100 ETF during the second quarter worth $39,000.

Pacer US Cash Cows 100 ETF Stock Up 0.2 %

BATS COWZ traded up $0.11 during trading on Friday, reaching $54.93. 1,679,548 shares of the company’s stock were exchanged. The firm has a market capitalization of $22.60 billion, a PE ratio of 8.66 and a beta of 0.79. The firm’s fifty day simple moving average is $55.08 and its 200 day simple moving average is $55.01.

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.