Madrona Financial Services LLC Has $13.39 Million Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Madrona Financial Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 237,057 shares of the company’s stock after purchasing an additional 15,627 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 3.6% of Madrona Financial Services LLC’s portfolio, making the stock its 7th largest position. Madrona Financial Services LLC owned about 0.06% of Pacer US Cash Cows 100 ETF worth $13,389,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Janney Montgomery Scott LLC purchased a new position in Pacer US Cash Cows 100 ETF during the 4th quarter valued at about $81,029,000. LPL Financial LLC increased its position in Pacer US Cash Cows 100 ETF by 6.1% during the 3rd quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after purchasing an additional 1,132,656 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at about $61,929,000. Thrivent Financial for Lutherans boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 230.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock valued at $51,154,000 after buying an additional 616,518 shares in the last quarter. Finally, Truist Financial Corp boosted its stake in Pacer US Cash Cows 100 ETF by 150.4% in the 2nd quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock worth $49,155,000 after purchasing an additional 541,800 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 1.6 %

Shares of COWZ opened at $58.32 on Thursday. The stock has a market capitalization of $23.99 billion, a P/E ratio of 8.66 and a beta of 0.79. The business has a 50 day moving average of $58.63 and a 200-day moving average of $57.41.

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.