J2 Capital Management Inc Takes Position in Pacer US Cash Cows 100 ETF $COWZ

J2 Capital Management Inc bought a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 33,690 shares of the company’s stock, valued at approximately $2,108,000. Pacer US Cash Cows 100 ETF comprises 1.4% of J2 Capital Management Inc’s investment portfolio, making the stock its 13th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in COWZ. Motiv8 Investments LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $26,000. Field & Main Bank purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth about $27,000. Harbor Investment Advisory LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter worth about $29,000. Colonial Trust Co SC increased its holdings in 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 period. Finally, Newbridge Financial Services Group Inc. increased its holdings in Pacer US Cash Cows 100 ETF by 1,217.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after purchasing an additional 487 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

BATS COWZ opened at $62.21 on Friday. The stock has a market cap of $23.48 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a fifty-two week low of $54.43 and a fifty-two week high of $65.64. The stock has a 50 day simple moving average of $63.34 and a two-hundred day simple moving average of $62.70.

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.