Pacer US Cash Cows 100 ETF (BATS:COWZ) is Spectrum Strategic Capital Management LLC’s 6th Largest Position

Spectrum Strategic Capital Management LLC boosted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 57.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,028 shares of the company’s stock after acquiring an additional 35,932 shares during the period. Pacer US Cash Cows 100 ETF accounts for approximately 3.5% of Spectrum Strategic Capital Management LLC’s holdings, making the stock its 6th biggest holding. Spectrum Strategic Capital Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $5,537,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Verition Fund Management LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the third quarter valued at approximately $239,000. Brass Tax Wealth Management Inc. increased its position in Pacer US Cash Cows 100 ETF by 15.5% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock valued at $804,000 after buying an additional 1,870 shares in the last quarter. Private Client Services LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 4.5% during the third quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after acquiring an additional 2,976 shares in the last quarter. SPC Financial Inc. increased its stake in Pacer US Cash Cows 100 ETF by 4.8% during the 2nd quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock valued at $10,415,000 after purchasing an additional 8,839 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 4.1% during the third quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock valued at $104,084,000 after acquiring an additional 70,617 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

COWZ stock opened at $58.97 on Tuesday. The company has a market cap of $24.26 billion, a PE ratio of 8.66 and a beta of 0.79. The company has a 50-day simple moving average of $58.58 and a 200 day simple moving average of $57.51.

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.