Stapp Wealth Management Pllc Raises Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Stapp Wealth Management Pllc grew its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.3% during the 1st quarter, HoldingsChannel reports. The firm owned 59,380 shares of the company’s stock after purchasing an additional 2,986 shares during the quarter. Pacer US Cash Cows 100 ETF comprises approximately 5.0% of Stapp Wealth Management Pllc’s holdings, making the stock its 7th largest position. Stapp Wealth Management Pllc’s holdings in Pacer US Cash Cows 100 ETF were worth $3,252,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of COWZ. Raymond James Financial Inc. bought a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter worth $867,906,000. Focus Partners Wealth grew its position in Pacer US Cash Cows 100 ETF by 1,026.4% during the 4th quarter. Focus Partners Wealth now owns 1,094,591 shares of the company’s stock worth $61,852,000 after acquiring an additional 997,412 shares during the last quarter. LPL Financial LLC grew its position in Pacer US Cash Cows 100 ETF by 4.7% during the 4th quarter. LPL Financial LLC now owns 20,693,823 shares of the company’s stock worth $1,168,787,000 after acquiring an additional 926,609 shares during the last quarter. Wells Fargo & Company MN grew its position in Pacer US Cash Cows 100 ETF by 5.7% during the 4th quarter. Wells Fargo & Company MN now owns 12,058,287 shares of the company’s stock worth $681,052,000 after acquiring an additional 652,842 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Pacer US Cash Cows 100 ETF by 7.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,591,340 shares of the company’s stock worth $428,759,000 after acquiring an additional 508,462 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 5.0%

Shares of COWZ stock opened at $54.55 on Friday. The firm has a market capitalization of $21.37 billion, a P/E ratio of 14.99 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a twelve month low of $46.64 and a twelve month high of $61.92. The stock’s fifty day simple moving average is $53.12 and its 200 day simple moving average is $55.37.

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.