Janney Montgomery Scott LLC Buys New Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Janney Montgomery Scott LLC bought a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,434,643 shares of the company’s stock, valued at approximately $81,029,000. Janney Montgomery Scott LLC owned about 0.35% of Pacer US Cash Cows 100 ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 17.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after acquiring an additional 207 shares in the last quarter. Richardson Capital Management LLC raised its holdings in Pacer US Cash Cows 100 ETF by 10.6% in the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock valued at $125,000 after acquiring an additional 207 shares in the last quarter. MWA Asset Management raised its holdings in Pacer US Cash Cows 100 ETF by 2.8% in the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock valued at $573,000 after acquiring an additional 265 shares in the last quarter. Kraematon Investment Advisors Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 1.8% in the 4th quarter. Kraematon Investment Advisors Inc. now owns 15,779 shares of the company’s stock valued at $891,000 after acquiring an additional 280 shares in the last quarter. Finally, Opinicus Capital Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 0.8% in the 3rd quarter. Opinicus Capital Inc. now owns 42,469 shares of the company’s stock valued at $2,456,000 after acquiring an additional 323 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Pacer US Cash Cows 100 ETF stock opened at $58.36 on Thursday. The firm has a 50 day moving average price of $58.63 and a 200 day moving average price of $57.41. The firm has a market cap of $24.01 billion, a PE 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.