MidAtlantic Capital Management Inc. Invests $92,000 in Pacer US Cash Cows 100 ETF (BATS:COWZ)

MidAtlantic Capital Management Inc. bought a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,584 shares of the company’s stock, valued at approximately $92,000.

Other hedge funds have also added to or reduced their stakes in the company. American Capital Advisory LLC bought a new position in Pacer US Cash Cows 100 ETF in the second quarter valued at $26,000. GoalVest Advisory LLC bought a new position in Pacer US Cash Cows 100 ETF in the second quarter valued at $29,000. Central Bank & Trust Co. bought a new position in Pacer US Cash Cows 100 ETF in the second quarter valued at $31,000. Mather Group LLC. bought a new position in Pacer US Cash Cows 100 ETF in the second quarter valued at $39,000. Finally, Sunbelt Securities Inc. grew its position in Pacer US Cash Cows 100 ETF by 137.0% in the second quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock valued at $38,000 after purchasing an additional 400 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 1.2 %

Pacer US Cash Cows 100 ETF stock opened at $58.89 on Monday. The company has a market capitalization of $24.23 billion, a P/E ratio of 8.66 and a beta of 0.79. The company has a fifty day simple moving average of $57.79 and a two-hundred day simple moving average of $56.27.

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.