Bay Capital Advisors LLC Takes Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Bay Capital Advisors LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 56,251 shares of the company’s stock, valued at approximately $3,177,000. Pacer US Cash Cows 100 ETF makes up about 2.6% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 8th biggest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Verition Fund Management LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the 3rd quarter valued at approximately $239,000. O Brien Wealth Partners LLC grew its stake in Pacer US Cash Cows 100 ETF by 5.2% during the 4th quarter. O Brien Wealth Partners LLC now owns 818,019 shares of the company’s stock worth $46,202,000 after buying an additional 40,092 shares during the last quarter. Brass Tax Wealth Management Inc. lifted its stake in Pacer US Cash Cows 100 ETF by 15.5% in the third quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock valued at $804,000 after buying an additional 1,870 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 1.6% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 556,948 shares of the company’s stock valued at $31,456,000 after acquiring an additional 8,540 shares during the period. Finally, Farmers & Merchants Investments Inc. grew its position in Pacer US Cash Cows 100 ETF by 851.3% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 1,075 shares of the company’s stock worth $61,000 after purchasing an additional 962 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 3.1 %

Shares of BATS COWZ opened at $55.59 on Tuesday. The firm’s 50-day simple moving average is $57.15 and its 200 day simple moving average is $57.75. The stock has a market cap of $24.18 billion, a P/E ratio of 13.17 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a fifty-two week low of $53.03 and a fifty-two week high of $61.92.

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.