MFA Wealth Services Acquires New Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

MFA Wealth Services acquired a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 18,993 shares of the company’s stock, valued at approximately $1,073,000.

Several other institutional investors have also added to or reduced their stakes in COWZ. Cornerstone Wealth Management LLC increased its holdings in Pacer US Cash Cows 100 ETF by 5.3% in the fourth quarter. Cornerstone Wealth Management LLC now owns 49,256 shares of the company’s stock worth $2,782,000 after purchasing an additional 2,466 shares in the last quarter. Cerro Pacific Wealth Advisors LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 14.1% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 64,550 shares of the company’s stock worth $3,733,000 after buying an additional 7,965 shares during the period. Key Client Fiduciary Advisors LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 2.4% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 12,861 shares of the company’s stock valued at $726,000 after acquiring an additional 305 shares in the last quarter. IVC Wealth Advisors LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 6.0% during the 4th quarter. IVC Wealth Advisors LLC now owns 133,123 shares of the company’s stock valued at $7,519,000 after acquiring an additional 7,563 shares during the period. Finally, Madrona Financial Services LLC boosted its stake in Pacer US Cash Cows 100 ETF by 7.1% during the fourth quarter. Madrona Financial Services LLC now owns 237,057 shares of the company’s stock worth $13,389,000 after acquiring an additional 15,627 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ opened at $58.84 on Friday. The business has a 50 day moving average of $58.61 and a two-hundred day moving average of $57.44. The firm has a market capitalization of $24.21 billion, a PE 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.