Jacksonville Wealth Management LLC Invests $582,000 in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Jacksonville Wealth Management LLC bought a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 4th quarter, HoldingsChannel reports. The fund bought 10,302 shares of the company’s stock, valued at approximately $582,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 17.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after buying an additional 207 shares during the period. Richardson Capital Management LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 10.6% in the third 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. Mutual Advisors LLC increased its position in Pacer US Cash Cows 100 ETF by 1.5% during the 4th quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock valued at $905,000 after purchasing an additional 229 shares during the period. Accel Wealth Management raised its holdings in Pacer US Cash Cows 100 ETF by 7.4% in the 4th quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock worth $217,000 after purchasing an additional 264 shares in the last quarter. Finally, MWA Asset Management lifted its position in shares of 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 worth $573,000 after purchasing an additional 265 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $58.65 on Friday. The company’s fifty day moving average is $58.59 and its 200-day moving average is $57.48. The company has a market cap of $24.13 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

Pacer US Cash Cows 100 ETF Company 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.