Pacer US Cash Cows 100 ETF $COWZ Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 7.0% in the second quarter, HoldingsChannel.com reports. The fund owned 965,357 shares of the company’s stock after purchasing an additional 63,345 shares during the period. Pacer US Cash Cows 100 ETF makes up about 1.2% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Axxcess Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $53,191,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of COWZ. Sequoia Financial Advisors LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at about $93,107,000. AlphaCore Capital LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at about $37,685,000. SCS Capital Management LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at about $31,831,000. LPL Financial LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 2.6% in the first quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock valued at $1,162,523,000 after buying an additional 535,597 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of Pacer US Cash Cows 100 ETF by 57.5% in the first quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock valued at $77,771,000 after buying an additional 522,242 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 1.9%

Shares of BATS COWZ opened at $56.32 on Tuesday. The firm has a 50-day simple moving average of $57.16 and a 200-day simple moving average of $54.97. The stock has a market capitalization of $21.26 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 52 week low of $46.64 and a 52 week high of $61.92.

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.