Perissos Private Wealth Management LLC Increases Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Perissos Private Wealth Management LLC raised its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 3.4% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 97,812 shares of the company’s stock after purchasing an additional 3,184 shares during the period. Pacer US Cash Cows 100 ETF makes up approximately 4.8% of Perissos Private Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Perissos Private Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $5,330,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in COWZ. Rocky Mountain Advisers LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the first quarter valued at about $26,000. American Capital Advisory LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the 2nd quarter valued at about $26,000. GoalVest Advisory LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter worth approximately $29,000. Central Bank & Trust Co. purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter worth approximately $31,000. Finally, Strategic Financial Concepts LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF by 260.8% in the second quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock valued at $32,000 after acquiring an additional 42,367 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 1.6 %

Shares of COWZ opened at $56.41 on Monday. The firm’s 50 day simple moving average is $55.92 and its 200 day simple moving average is $55.67. The stock has a market capitalization of $23.21 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.