Lunt Capital Management Inc. Buys 15,499 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Lunt Capital Management Inc. grew its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 34.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 60,325 shares of the company’s stock after purchasing an additional 15,499 shares during the period. Pacer US Cash Cows 100 ETF comprises approximately 1.6% of Lunt Capital Management Inc.’s holdings, making the stock its 18th biggest holding. Lunt Capital Management Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $3,489,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in COWZ. LPL Financial LLC raised its position in Pacer US Cash Cows 100 ETF by 13.3% in the 2nd quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock valued at $1,015,397,000 after purchasing an additional 2,184,380 shares during the last quarter. Envestnet Asset Management Inc. increased its stake 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 buying an additional 1,281,810 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at about $61,929,000. Truist Financial Corp lifted its position in Pacer US Cash Cows 100 ETF by 150.4% during the 2nd quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock worth $49,155,000 after buying an additional 541,800 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in Pacer US Cash Cows 100 ETF by 12.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 4,860,894 shares of the company’s stock worth $264,870,000 after acquiring an additional 536,715 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS COWZ opened at $57.35 on Monday. The business has a fifty day moving average of $57.26 and a 200-day moving average of $55.94. The company has a market capitalization of $23.60 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.