Cerro Pacific Wealth Advisors LLC Boosts Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Cerro Pacific Wealth Advisors LLC grew its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,585 shares of the company’s stock after acquiring an additional 1,248 shares during the quarter. Pacer US Cash Cows 100 ETF comprises about 1.1% of Cerro Pacific Wealth Advisors LLC’s portfolio, making the stock its 23rd largest position. Cerro Pacific Wealth Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $3,083,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 13.3% during the 2nd quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock valued at $1,015,397,000 after acquiring an additional 2,184,380 shares during the period. Global Assets Advisory LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 5,941.5% during the first quarter. Global Assets Advisory LLC now owns 1,694,524 shares of the company’s stock valued at $98,469,000 after purchasing an additional 1,666,476 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 25.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock worth $348,981,000 after purchasing an additional 1,281,810 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the second quarter worth about $61,929,000. Finally, Commonwealth Equity Services LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 21.7% during the 1st 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 in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $57.90 on Friday. The stock has a market cap of $23.82 billion, a PE ratio of 8.66 and a beta of 0.79. The firm has a 50-day moving average of $56.55 and a 200-day moving average of $55.93.

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.