Pacer US Cash Cows 100 ETF (BATS:COWZ) Stock Position Lifted by Sfmg LLC

Sfmg LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.0% in the 4th quarter, HoldingsChannel reports. The firm owned 819,962 shares of the company’s stock after acquiring an additional 16,309 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for approximately 4.0% of Sfmg LLC’s investment portfolio, making the stock its 8th biggest holding. Sfmg LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $42,630,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. TRUE Private Wealth Advisors grew its position in Pacer US Cash Cows 100 ETF by 130.2% during the fourth quarter. TRUE Private Wealth Advisors now owns 17,382 shares of the company’s stock valued at $904,000 after buying an additional 9,832 shares during the period. Sloy Dahl & Holst LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 17.5% during the 4th quarter. Sloy Dahl & Holst LLC now owns 9,445 shares of the company’s stock valued at $491,000 after acquiring an additional 1,405 shares during the period. Scissortail Wealth Management LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $887,000. Tyche Wealth Partners LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 4th quarter worth approximately $881,000. Finally, Ergawealth Advisors Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF by 4.4% in the 4th quarter. Ergawealth Advisors Inc. now owns 14,314 shares of the company’s stock worth $744,000 after purchasing an additional 601 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

BATS COWZ traded down $0.36 on Wednesday, hitting $55.16. 2,375,104 shares of the stock traded hands. The stock’s 50 day simple moving average is $55.29 and its two-hundred day simple moving average is $52.07. The company has a market cap of $22.20 billion, a price-to-earnings ratio of 8.87 and a beta of 0.81.

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.