Provident Wealth Management LLC raised its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 8.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 767,454 shares of the company’s stock after acquiring an additional 59,979 shares during the period. Pacer US Cash Cows 100 ETF accounts for 14.5% of Provident Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Provident Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $43,346,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently modified their holdings of COWZ. DecisionPoint Financial LLC bought a new position in Pacer US Cash Cows 100 ETF in the 4th quarter valued at $26,000. Human Investing LLC acquired a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $27,000. Bank of Jackson Hole Trust acquired a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $37,000. Kestra Investment Management LLC acquired a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $41,000. Finally, Blue Trust Inc. bought a new stake in shares of Pacer US Cash Cows 100 ETF in the third quarter valued at about $45,000.
Pacer US Cash Cows 100 ETF Stock Up 0.9 %
COWZ opened at $57.94 on Wednesday. The stock’s 50-day moving average is $57.71 and its 200-day moving average is $57.84. The company has a market capitalization of $25.41 billion, a price-to-earnings ratio of 13.11 and a beta of 1.03.
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.
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Want to see what other hedge funds are holding COWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report).
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