Affinity Wealth Management LLC Decreases Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Affinity Wealth Management LLC reduced its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 552,156 shares of the company’s stock after selling 265 shares during the period. Pacer US Cash Cows 100 ETF comprises approximately 5.5% of Affinity Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Affinity Wealth Management LLC owned 0.13% of Pacer US Cash Cows 100 ETF worth $31,186,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in COWZ. Echo Wealth Management LLC raised its position in Pacer US Cash Cows 100 ETF by 0.8% in the fourth quarter. Echo Wealth Management LLC now owns 151,978 shares of the company’s stock valued at $8,584,000 after purchasing an additional 1,275 shares during the last quarter. Jacksonville Wealth Management LLC bought a new position in Pacer US Cash Cows 100 ETF in the 4th quarter valued at approximately $582,000. Geneos Wealth Management Inc. boosted its position in Pacer US Cash Cows 100 ETF by 5.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 185,456 shares of the company’s stock worth $10,475,000 after buying an additional 9,186 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 28.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 18,306 shares of the company’s stock worth $1,034,000 after purchasing an additional 4,076 shares during the period. Finally, Accel Wealth Management increased its holdings in Pacer US Cash Cows 100 ETF by 7.4% in the fourth quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock valued at $217,000 after purchasing an additional 264 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $58.65 on Friday. The stock’s 50 day moving average is $58.59 and its 200-day moving average is $57.48. The firm has a market cap of $24.13 billion, a P/E 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.