Onyx Bridge Wealth Group LLC Acquires 98,398 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Onyx Bridge Wealth Group LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 20.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 590,242 shares of the company’s stock after buying an additional 98,398 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for approximately 5.1% of Onyx Bridge Wealth Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Onyx Bridge Wealth Group LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $34,134,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. LPL Financial LLC lifted its position in Pacer US Cash Cows 100 ETF by 13.3% in the second quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock valued at $1,015,397,000 after acquiring an additional 2,184,380 shares during the last quarter. Raymond James & Associates grew its stake in Pacer US Cash Cows 100 ETF by 5.5% during the 2nd quarter. Raymond James & Associates now owns 6,732,234 shares of the company’s stock worth $366,839,000 after buying an additional 348,327 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in Pacer US Cash Cows 100 ETF by 4.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,731,230 shares of the company’s stock worth $366,785,000 after buying an additional 257,285 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 25.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock valued at $348,981,000 after acquiring an additional 1,281,810 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 12.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,860,894 shares of the company’s stock valued at $264,870,000 after acquiring an additional 536,715 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $58.77 on Friday. The stock has a market cap of $24.18 billion, a P/E ratio of 8.66 and a beta of 0.79. The stock’s 50-day simple moving average is $56.96 and its two-hundred day simple moving average is $55.96.

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.