Magnolia Capital Advisors LLC Has $1 Million Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Magnolia Capital Advisors LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 11.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 18,347 shares of the company’s stock after acquiring an additional 1,947 shares during the period. Magnolia Capital Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,000,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Rocky Mountain Advisers LLC bought a new stake in Pacer US Cash Cows 100 ETF in the first quarter valued at about $26,000. American Capital Advisory LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at about $26,000. GoalVest Advisory LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at approximately $29,000. Central Bank & Trust Co. acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at approximately $31,000. Finally, Mather Group LLC. bought a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter worth approximately $39,000.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS:COWZ opened at $57.77 on Monday. The firm has a 50 day moving average price of $56.34 and a 200 day moving average price of $55.84. The company has a market capitalization of $23.77 billion, a P/E 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.