Northeast Financial Consultants Inc Boosts Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Northeast Financial Consultants Inc boosted its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 830,353 shares of the company’s stock after purchasing an additional 7,817 shares during the period. Pacer US Cash Cows 100 ETF makes up about 2.1% of Northeast Financial Consultants Inc’s holdings, making the stock its 12th largest holding. Northeast Financial Consultants Inc’s holdings in Pacer US Cash Cows 100 ETF were worth $45,246,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rocky Mountain Advisers LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the first quarter worth about $26,000. American Capital Advisory LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the 2nd quarter worth approximately $26,000. GoalVest Advisory LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the 2nd quarter worth approximately $29,000. Central Bank & Trust Co. acquired a new position in Pacer US Cash Cows 100 ETF in the 2nd quarter valued at $31,000. Finally, Strategic Financial Concepts LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 260.8% during the 2nd quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock worth $32,000 after purchasing an additional 42,367 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Pacer US Cash Cows 100 ETF stock opened at $57.77 on Friday. The firm has a 50 day simple moving average of $56.34 and a two-hundred day simple moving average of $55.84. The firm has a market capitalization of $23.77 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.