Fmr LLC Acquires 15,786 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Fmr LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 96.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,227 shares of the company’s stock after purchasing an additional 15,786 shares during the quarter. Fmr LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,864,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. American Capital Advisory LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the second quarter valued at $26,000. GoalVest Advisory LLC purchased a new position in Pacer US Cash Cows 100 ETF in the second quarter valued at about $29,000. Sunbelt Securities Inc. grew its stake in Pacer US Cash Cows 100 ETF by 137.0% in the second quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock valued at $38,000 after purchasing an additional 400 shares during the last quarter. Key Financial Inc purchased a new position in Pacer US Cash Cows 100 ETF in the second quarter valued at about $39,000. Finally, Hobbs Group Advisors LLC purchased a new position in Pacer US Cash Cows 100 ETF in the second quarter valued at about $40,000.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $58.89 on Monday. The company has a 50-day moving average of $59.06 and a 200-day moving average of $56.95. The stock has a market capitalization of $24.23 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.