Echo Wealth Management LLC Has $1.61 Million Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

Echo Wealth Management LLC cut its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 47.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,811 shares of the company’s stock after selling 23,658 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for 0.9% of Echo Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. Echo Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,615,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of COWZ. Motiv8 Investments LLC bought a new position in Pacer US Cash Cows 100 ETF in the 4th quarter worth approximately $26,000. Field & Main Bank bought a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter worth approximately $27,000. Harbor Investment Advisory LLC bought a new stake in Pacer US Cash Cows 100 ETF during the fourth quarter valued at about $29,000. Newbridge Financial Services Group Inc. grew its stake in Pacer US Cash Cows 100 ETF by 1,217.5% during the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after acquiring an additional 487 shares in the last quarter. Finally, Colonial Trust Co SC increased its position in shares of Pacer US Cash Cows 100 ETF by 175.6% during the 4th quarter. Colonial Trust Co SC now owns 496 shares of the company’s stock valued at $30,000 after purchasing an additional 316 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

COWZ stock opened at $63.02 on Friday. Pacer US Cash Cows 100 ETF has a 1-year low of $54.73 and a 1-year high of $65.64. The company has a market capitalization of $23.78 billion, a P/E ratio of 14.17 and a beta of 0.95. The business has a 50-day moving average price of $63.35 and a 200 day moving average price of $62.71.

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.