Investment Advisory Services Inc. TX ADV Purchases 10,841 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Investment Advisory Services Inc. TX ADV raised its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 196,831 shares of the company’s stock after acquiring an additional 10,841 shares during the quarter. Pacer US Cash Cows 100 ETF comprises 3.9% of Investment Advisory Services Inc. TX ADV’s portfolio, making the stock its 7th biggest holding. Investment Advisory Services Inc. TX ADV’s holdings in Pacer US Cash Cows 100 ETF were worth $11,117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 6.1% during the 3rd quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock worth $1,143,138,000 after purchasing an additional 1,132,656 shares during the last quarter. Raymond James & Associates lifted its position 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 acquiring an additional 503,678 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF by 8.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock worth $304,288,000 after purchasing an additional 400,873 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 6.3% during the third 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 during the period. Finally, Stifel Financial Corp raised its stake in shares of Pacer US Cash Cows 100 ETF by 10.2% in the third quarter. Stifel Financial Corp now owns 1,867,702 shares of the company’s stock valued at $108,009,000 after purchasing an additional 172,652 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ stock opened at $57.18 on Friday. The business has a 50 day moving average price of $58.24 and a two-hundred day moving average price of $57.68. The company has a market capitalization of $23.52 billion, a PE ratio of 8.66 and a beta of 0.79.

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.