Moors & Cabot Inc. boosted its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 6.8% in the 4th quarter, HoldingsChannel reports. The fund owned 130,913 shares of the company’s stock after acquiring an additional 8,372 shares during the period. Moors & Cabot Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $7,394,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in COWZ. LPL Financial LLC raised 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 worth $1,143,138,000 after buying an additional 1,132,656 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Pacer US Cash Cows 100 ETF during the 4th quarter worth $867,906,000. Stifel Financial Corp raised its position in Pacer US Cash Cows 100 ETF by 10.2% during the 3rd quarter. Stifel Financial Corp now owns 1,867,702 shares of the company’s stock worth $108,009,000 after buying an additional 172,652 shares during the last quarter. HighTower Advisors LLC raised its position in Pacer US Cash Cows 100 ETF by 4.1% during the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock worth $104,084,000 after buying an additional 70,617 shares during the last quarter. Finally, Carlson Capital Management raised its position in Pacer US Cash Cows 100 ETF by 5.8% during the 3rd quarter. Carlson Capital Management now owns 1,731,824 shares of the company’s stock worth $100,151,000 after buying an additional 94,434 shares during the last quarter.
Pacer US Cash Cows 100 ETF Stock Down 4.6 %
Shares of COWZ opened at $54.72 on Wednesday. The company has a 50-day simple moving average of $57.47 and a 200-day simple moving average of $57.90. The company has a market capitalization of $24.00 billion, a PE ratio of 13.11 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 52-week low of $53.03 and a 52-week high of $61.92.
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.
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Want to see what other hedge funds are holding COWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report).
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