Pacer US Cash Cows 100 ETF (BATS:COWZ) Stake Increased by Fountainhead AM LLC

Fountainhead AM LLC grew its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 11.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 9,329 shares of the company’s stock after purchasing an additional 945 shares during the period. Fountainhead AM LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $485,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of COWZ. National Bank of Canada FI increased its stake in shares of Pacer US Cash Cows 100 ETF by 7.3% in the third quarter. National Bank of Canada FI now owns 12,485 shares of the company’s stock worth $608,000 after acquiring an additional 845 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in Pacer US Cash Cows 100 ETF by 59.3% during the third quarter. Arkadios Wealth Advisors now owns 7,927 shares of the company’s stock valued at $392,000 after acquiring an additional 2,950 shares during the period. HB Wealth Management LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 6.1% during the third quarter. HB Wealth Management LLC now owns 12,115 shares of the company’s stock valued at $599,000 after acquiring an additional 700 shares during the period. DAVENPORT & Co LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 42.0% during the third quarter. DAVENPORT & Co LLC now owns 7,105 shares of the company’s stock valued at $351,000 after acquiring an additional 2,102 shares during the period. Finally, Avior Wealth Management LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 61.1% during the third quarter. Avior Wealth Management LLC now owns 2,428 shares of the company’s stock valued at $120,000 after acquiring an additional 921 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS COWZ traded up $0.23 during mid-day trading on Tuesday, hitting $55.60. The company had a trading volume of 2,088,313 shares. The firm’s 50 day moving average price is $55.59 and its 200-day moving average price is $52.31. The company has a market cap of $22.37 billion, a price-to-earnings ratio of 8.87 and a beta of 0.81.

Pacer US Cash Cows 100 ETF 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.