N.E.W. Advisory Services LLC Makes New Investment in Pacer US Cash Cows 100 ETF (BATS:COWZ)

N.E.W. Advisory Services LLC acquired a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 9,926 shares of the company’s stock, valued at approximately $544,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 34.6% in the fourth quarter. CIBC Private Wealth Group LLC now owns 6,345 shares of the company’s stock worth $361,000 after buying an additional 1,630 shares during the period. O Shaughnessy Asset Management LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 114.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,749 shares of the company’s stock worth $212,000 after buying an additional 2,002 shares during the period. Riggs Capital Management LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter worth $297,000. National Bank of Canada FI boosted its stake in shares of Pacer US Cash Cows 100 ETF by 173.0% during the 4th quarter. National Bank of Canada FI now owns 38,942 shares of the company’s stock valued at $2,199,000 after buying an additional 24,675 shares during the period. Finally, StoneX Group Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 204.2% during the 4th quarter. StoneX Group Inc. now owns 248,380 shares of the company’s stock valued at $14,072,000 after buying an additional 166,741 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 0.4%

Shares of BATS:COWZ opened at $57.14 on Tuesday. The firm has a fifty day moving average of $55.22 and a two-hundred day moving average of $54.98. The firm has a market capitalization of $21.56 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $61.92.

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.