Carlson Capital Management Buys 94,434 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Carlson Capital Management grew its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,731,824 shares of the company’s stock after acquiring an additional 94,434 shares during the quarter. Pacer US Cash Cows 100 ETF comprises about 4.3% of Carlson Capital Management’s investment portfolio, making the stock its 6th largest holding. Carlson Capital Management owned about 0.42% of Pacer US Cash Cows 100 ETF worth $100,151,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Private Client Services LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 4.5% during the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock worth $3,994,000 after buying an additional 2,976 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its position in Pacer US Cash Cows 100 ETF by 8.6% in the second quarter. Hazlett Burt & Watson Inc. now owns 25,613 shares of the company’s stock worth $1,395,000 after purchasing an additional 2,030 shares during the period. Goldstein Advisors LLC boosted its stake in Pacer US Cash Cows 100 ETF by 2.7% during the 2nd quarter. Goldstein Advisors LLC now owns 493,668 shares of the company’s stock valued at $26,900,000 after purchasing an additional 12,905 shares in the last quarter. SPC Financial Inc. increased its position in shares of Pacer US Cash Cows 100 ETF by 4.8% during the 2nd quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock valued at $10,415,000 after purchasing an additional 8,839 shares during the period. Finally, Sachetta LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 22.4% during the 2nd quarter. Sachetta LLC now owns 7,100 shares of the company’s stock valued at $410,000 after purchasing an additional 1,300 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock traded up $0.57 during trading on Tuesday, hitting $61.35. The stock had a trading volume of 1,944,239 shares. The firm’s fifty day simple moving average is $58.29 and its two-hundred day simple moving average is $56.47. The stock has a market capitalization of $25.24 billion, a price-to-earnings 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.