Pacer US Cash Cows 100 ETF (BATS:COWZ) Shares Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC raised its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 20.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 798,210 shares of the company’s stock after purchasing an additional 134,213 shares during the quarter. Pacer US Cash Cows 100 ETF comprises 0.9% of Foundations Investment Advisors LLC’s holdings, making the stock its 28th biggest position. Foundations Investment Advisors LLC owned approximately 0.19% of Pacer US Cash Cows 100 ETF worth $45,083,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. LPL Financial LLC increased its stake in Pacer US Cash Cows 100 ETF by 6.1% during the 3rd quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after purchasing an additional 1,132,656 shares in the last quarter. Raymond James & Associates increased its stake in Pacer US Cash Cows 100 ETF by 7.5% during the 3rd quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock valued at $418,453,000 after purchasing an additional 503,678 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Pacer US Cash Cows 100 ETF by 8.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock valued at $304,288,000 after purchasing an additional 400,873 shares in the last quarter. Cetera Investment Advisers increased its stake in Pacer US Cash Cows 100 ETF by 12.1% during the 2nd quarter. Cetera Investment Advisers now owns 4,347,535 shares of the company’s stock valued at $236,897,000 after purchasing an additional 470,872 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Pacer US Cash Cows 100 ETF by 6.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,888,102 shares of the company’s stock valued at $109,189,000 after purchasing an additional 111,670 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ opened at $58.67 on Monday. The firm has a market capitalization of $24.14 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The business has a fifty day simple moving average of $58.59 and a two-hundred day simple moving average of $57.48.

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.