Sachetta LLC Boosts Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Sachetta LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 22.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,100 shares of the company’s stock after purchasing an additional 1,300 shares during the quarter. Sachetta LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $410,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in COWZ. Apexium Financial LP raised its position in Pacer US Cash Cows 100 ETF by 9.4% in the fourth quarter. Apexium Financial LP now owns 299,280 shares of the company’s stock worth $15,560,000 after acquiring an additional 25,612 shares during the period. Main Street Financial Solutions LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 1.4% in the 4th quarter. Main Street Financial Solutions LLC now owns 92,907 shares of the company’s stock worth $4,830,000 after purchasing an additional 1,251 shares during the period. Thoroughbred Financial Services LLC lifted its stake in Pacer US Cash Cows 100 ETF by 14.3% in the fourth quarter. Thoroughbred Financial Services LLC now owns 384,343 shares of the company’s stock valued at $19,982,000 after purchasing an additional 48,145 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Pacer US Cash Cows 100 ETF by 9.5% in the fourth quarter. Wells Fargo & Company MN now owns 9,498,765 shares of the company’s stock valued at $493,841,000 after purchasing an additional 822,076 shares during the last quarter. Finally, One Capital Management LLC grew its holdings in Pacer US Cash Cows 100 ETF by 145.8% during the fourth quarter. One Capital Management LLC now owns 20,121 shares of the company’s stock valued at $1,046,000 after purchasing an additional 11,936 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $55.38 on Tuesday. The company has a 50-day moving average price of $55.79 and a two-hundred day moving average price of $55.61. The company has a market capitalization of $22.79 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.