Pacer US Cash Cows 100 ETF $COWZ Shares Acquired by Penobscot Wealth Management

Penobscot Wealth Management grew its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 10.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,276 shares of the company’s stock after purchasing an additional 9,538 shares during the quarter. Pacer US Cash Cows 100 ETF makes up 1.9% of Penobscot Wealth Management’s investment portfolio, making the stock its 11th largest position. Penobscot Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $5,360,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Sachetta LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 3.4% in the 1st quarter. Sachetta LLC now owns 6,000 shares of the company’s stock valued at $329,000 after purchasing an additional 200 shares in the last quarter. Assetmark Inc. raised its stake in Pacer US Cash Cows 100 ETF by 7.4% during the 1st quarter. Assetmark Inc. now owns 2,942 shares of the company’s stock worth $161,000 after acquiring an additional 202 shares in the last quarter. HCR Wealth Advisors raised its stake in Pacer US Cash Cows 100 ETF by 4.6% during the 2nd quarter. HCR Wealth Advisors now owns 4,681 shares of the company’s stock worth $258,000 after acquiring an additional 207 shares in the last quarter. Flagship Wealth Advisors LLC lifted its position in Pacer US Cash Cows 100 ETF by 7.4% in the first quarter. Flagship Wealth Advisors LLC now owns 3,250 shares of the company’s stock valued at $178,000 after acquiring an additional 225 shares during the last quarter. Finally, S.A. Mason LLC boosted its stake in Pacer US Cash Cows 100 ETF by 11.1% in the second quarter. S.A. Mason LLC now owns 2,255 shares of the company’s stock valued at $124,000 after acquiring an additional 225 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ stock opened at $58.00 on Monday. The stock’s 50-day moving average is $57.39 and its two-hundred day moving average is $55.37. Pacer US Cash Cows 100 ETF has a 1 year low of $46.64 and a 1 year high of $61.92. The firm has a market cap of $21.89 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95.

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.