87,186 Shares in Pacer US Cash Cows 100 ETF (BATS:COWZ) Acquired by Fairscale Capital LLC

Fairscale Capital LLC acquired a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 2nd quarter, HoldingsChannel reports. The firm acquired 87,186 shares of the company’s stock, valued at approximately $4,958,000. Pacer US Cash Cows 100 ETF accounts for about 4.2% of Fairscale Capital LLC’s investment portfolio, making the stock its 6th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rocky Mountain Advisers LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the first quarter worth about $26,000. American Capital Advisory LLC bought a new position in Pacer US Cash Cows 100 ETF in the 2nd quarter worth approximately $26,000. GoalVest Advisory LLC purchased a new position in Pacer US Cash Cows 100 ETF in the 2nd quarter valued at approximately $29,000. Central Bank & Trust Co. purchased a new position in Pacer US Cash Cows 100 ETF in the 2nd quarter valued at approximately $31,000. Finally, Strategic Financial Concepts LLC raised its holdings in 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 valued at $32,000 after acquiring an additional 42,367 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 0.9 %

Pacer US Cash Cows 100 ETF stock opened at $57.37 on Friday. The company has a market capitalization of $23.60 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The stock has a 50 day moving average of $56.22 and a two-hundred day moving average of $55.76.

Pacer US Cash Cows 100 ETF Company Profile

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.