Procyon Advisors LLC Buys 2,667 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Procyon Advisors LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 305,023 shares of the company’s stock after acquiring an additional 2,667 shares during the period. Pacer US Cash Cows 100 ETF accounts for about 1.1% of Procyon Advisors LLC’s portfolio, making the stock its 20th biggest position. Procyon Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $17,228,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in COWZ. LPL Financial LLC grew its stake in Pacer US Cash Cows 100 ETF by 6.1% in the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after acquiring an additional 1,132,656 shares during the period. Raymond James & Associates lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 7.5% in the 3rd quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock worth $418,453,000 after purchasing an additional 503,678 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Pacer US Cash Cows 100 ETF by 8.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock valued at $304,288,000 after purchasing an additional 400,873 shares during the period. Cetera Investment Advisers increased its stake in Pacer US Cash Cows 100 ETF by 12.1% during the 2nd quarter. Cetera Investment Advisers now owns 4,347,535 shares of the company’s stock valued at $236,897,000 after purchasing an additional 470,872 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Pacer US Cash Cows 100 ETF by 6.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,888,102 shares of the company’s stock valued at $109,189,000 after purchasing an additional 111,670 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Pacer US Cash Cows 100 ETF stock opened at $58.08 on Friday. The company has a market capitalization of $23.90 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The firm has a fifty day simple moving average of $58.74 and a two-hundred day simple moving average of $57.28.

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.