Sonoma Allocations LLC Takes $991,000 Position in Pacer US Cash Cows 100 ETF $COWZ

Sonoma Allocations LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 17,576 shares of the company’s stock, valued at approximately $991,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Soundwatch Capital LLC increased its holdings in Pacer US Cash Cows 100 ETF by 47,952.1% in the 2nd quarter. Soundwatch Capital LLC now owns 2,539,074 shares of the company’s stock worth $139,903,000 after buying an additional 2,533,790 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of Pacer US Cash Cows 100 ETF by 57.5% during the first quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock worth $77,771,000 after purchasing an additional 522,242 shares during the last quarter. Capital Asset Advisory Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 6.9% during the second quarter. Capital Asset Advisory Services LLC now owns 995,264 shares of the company’s stock worth $55,834,000 after purchasing an additional 64,300 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in Pacer US Cash Cows 100 ETF by 7.0% during the second quarter. Axxcess Wealth Management LLC now owns 965,357 shares of the company’s stock valued at $53,191,000 after purchasing an additional 63,345 shares during the period. Finally, Modern Wealth Management LLC grew its position in Pacer US Cash Cows 100 ETF by 0.4% during the 1st quarter. Modern Wealth Management LLC now owns 900,095 shares of the company’s stock worth $49,289,000 after purchasing an additional 3,154 shares during the period.

Pacer US Cash Cows 100 ETF Stock Up 8.0%

Shares of COWZ stock opened at $62.01 on Friday. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $61.92. The stock has a market cap of $23.40 billion, a PE ratio of 14.17 and a beta of 0.95. The business has a 50-day simple moving average of $59.85 and a 200-day simple moving average of $57.91.

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.