Pacer US Cash Cows 100 ETF (BATS:COWZ) is Strategic Equity Management’s 9th Largest Position

Strategic Equity Management increased its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.1% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 163,875 shares of the company’s stock after acquiring an additional 3,398 shares during the period. Pacer US Cash Cows 100 ETF makes up about 3.8% of Strategic Equity Management’s holdings, making the stock its 9th largest holding. Strategic Equity Management’s holdings in Pacer US Cash Cows 100 ETF were worth $8,974,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Tallon Kerry Patrick purchased a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth $3,039,000. Moloney Securities Asset Management LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 12.0% during the fourth quarter. Moloney Securities Asset Management LLC now owns 9,236 shares of the company’s stock worth $522,000 after buying an additional 986 shares during the period. Empowered Funds LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth $56,000. Newbridge Financial Services Group Inc. boosted its position in shares of Pacer US Cash Cows 100 ETF by 2,766.7% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,290 shares of the company’s stock worth $73,000 after buying an additional 1,245 shares during the period. Finally, Ocean Park Asset Management LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth $461,000.

Pacer US Cash Cows 100 ETF Stock Down 3.7%

COWZ opened at $55.25 on Wednesday. Pacer US Cash Cows 100 ETF has a 52 week low of $46.64 and a 52 week high of $61.92. The business has a fifty day simple moving average of $52.23 and a 200-day simple moving average of $55.71. The firm has a market cap of $21.65 billion, a P/E ratio of 14.99 and a beta of 0.95.

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.