Smart Money Group LLC Acquires 2,442 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Smart Money Group LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 29.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,689 shares of the company’s stock after buying an additional 2,442 shares during the quarter. Smart Money Group LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $556,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Brookstone Capital Management boosted its position in shares of Pacer US Cash Cows 100 ETF by 1.7% during the third quarter. Brookstone Capital Management now owns 34,811 shares of the company’s stock worth $1,712,000 after acquiring an additional 582 shares during the last quarter. Windsor Wealth Management Inc. raised its position in Pacer US Cash Cows 100 ETF by 15.8% during the third quarter. Windsor Wealth Management Inc. now owns 509,187 shares of the company’s stock valued at $25,169,000 after purchasing an additional 69,573 shares during the period. Independent Advisor Alliance boosted its stake in Pacer US Cash Cows 100 ETF by 34.0% during the third quarter. Independent Advisor Alliance now owns 5,925 shares of the company’s stock worth $293,000 after buying an additional 1,505 shares during the period. Avaii Wealth Management LLC lifted its stake in Pacer US Cash Cows 100 ETF by 9.2% in the third quarter. Avaii Wealth Management LLC now owns 103,084 shares of the company’s stock worth $5,095,000 after purchasing an additional 8,672 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its holdings in Pacer US Cash Cows 100 ETF by 16.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 221,569 shares of the company’s stock valued at $10,952,000 after acquiring an additional 31,606 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

COWZ stock traded up $0.35 during trading on Thursday, hitting $54.58. The company had a trading volume of 2,163,934 shares. The firm has a 50-day moving average of $55.89 and a 200 day moving average of $52.54. The stock has a market cap of $22.46 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.