MFA Wealth Services Makes New Investment in Pacer US Cash Cows 100 ETF (BATS:COWZ)

MFA Wealth Services bought a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 18,993 shares of the company’s stock, valued at approximately $1,073,000.

Several other large investors have also made changes to their positions in COWZ. Verition Fund Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF in the third quarter worth about $239,000. Brass Tax Wealth Management Inc. increased its position in Pacer US Cash Cows 100 ETF by 15.5% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock worth $804,000 after purchasing an additional 1,870 shares in the last quarter. Private Client Services LLC lifted its stake in Pacer US Cash Cows 100 ETF by 4.5% in the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after purchasing an additional 2,976 shares during the last quarter. SPC Financial Inc. boosted its position in Pacer US Cash Cows 100 ETF by 4.8% in the second quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock valued at $10,415,000 after buying an additional 8,839 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 4.1% during the third quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock worth $104,084,000 after buying an additional 70,617 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ stock opened at $58.84 on Friday. The stock’s fifty day moving average price is $58.61 and its two-hundred day moving average price is $57.44. The company has a market cap of $24.21 billion, a price-to-earnings 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.