Pacer US Cash Cows 100 ETF (BATS:COWZ) Shares Bought by Anchor Investment Management LLC

Anchor Investment Management LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 32.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 1,780 shares of the company’s stock after purchasing an additional 437 shares during the quarter. Anchor Investment Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $97,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC grew its stake in Pacer US Cash Cows 100 ETF by 13.3% during the 2nd quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock valued at $1,015,397,000 after acquiring an additional 2,184,380 shares in the last quarter. Global Assets Advisory LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 5,941.5% during the 1st quarter. Global Assets Advisory LLC now owns 1,694,524 shares of the company’s stock worth $98,469,000 after purchasing an additional 1,666,476 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 25.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock valued at $348,981,000 after purchasing an additional 1,281,810 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $61,929,000. Finally, Commonwealth Equity Services LLC lifted its position in Pacer US Cash Cows 100 ETF by 21.7% during the first quarter. Commonwealth Equity Services LLC now owns 4,324,179 shares of the company’s stock worth $251,278,000 after buying an additional 772,136 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 0.8 %

Shares of BATS:COWZ opened at $58.35 on Friday. The stock has a market cap of $24.01 billion, a PE ratio of 8.66 and a beta of 0.79. The company has a 50-day moving average of $56.50 and a two-hundred day moving average of $55.91.

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.