Code Waechter LLC Increases Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Code Waechter LLC increased its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 98,555 shares of the company’s stock after purchasing an additional 2,799 shares during the quarter. Pacer US Cash Cows 100 ETF makes up approximately 4.9% of Code Waechter LLC’s investment portfolio, making the stock its 3rd largest position. Code Waechter LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $5,566,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Verition Fund Management LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 3rd quarter valued at $239,000. Brass Tax Wealth Management Inc. lifted its stake in shares of Pacer US Cash Cows 100 ETF by 15.5% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock worth $804,000 after buying an additional 1,870 shares during the last quarter. Private Client Services LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 4.5% during the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock worth $3,994,000 after buying an additional 2,976 shares during the period. SPC Financial Inc. grew its stake in Pacer US Cash Cows 100 ETF by 4.8% in the 2nd quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock valued at $10,415,000 after buying an additional 8,839 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in Pacer US Cash Cows 100 ETF by 4.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock valued at $104,084,000 after acquiring an additional 70,617 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 0.9 %

Shares of BATS:COWZ opened at $56.96 on Tuesday. The stock’s 50-day moving average price is $58.75 and its 200 day moving average price is $57.21. The company has a market capitalization of $23.44 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.