Milestone Asset Management LLC Buys New Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Milestone Asset Management LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,140 shares of the company’s stock, valued at approximately $290,000.

A number of other institutional investors have also modified their holdings of COWZ. Verition Fund Management LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF in the third quarter worth $239,000. Brass Tax Wealth Management Inc. increased its holdings 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 worth $804,000 after purchasing an additional 1,870 shares during the period. Private Client Services LLC raised its position in Pacer US Cash Cows 100 ETF by 4.5% in the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after purchasing an additional 2,976 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 4.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock valued at $104,084,000 after buying an additional 70,617 shares during the period. Finally, Anchor Investment Management LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 32.5% during the second quarter. Anchor Investment Management LLC now owns 1,780 shares of the company’s stock worth $97,000 after buying an additional 437 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $58.96 on Friday. The firm has a fifty day moving average price of $58.57 and a two-hundred day moving average price of $57.61. The firm has a market cap of $24.26 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.