Lighthouse Wealth Management Inc. Has $10.51 Million Stake in Pacer US Cash Cows 100 ETF $COWZ

Lighthouse Wealth Management Inc. lessened its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 190,704 shares of the company’s stock after selling 4,687 shares during the period. Pacer US Cash Cows 100 ETF comprises about 9.1% of Lighthouse Wealth Management Inc.’s portfolio, making the stock its 4th largest holding. Lighthouse Wealth Management Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $10,508,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Assetmark Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 7.4% in the 1st quarter. Assetmark Inc. now owns 2,942 shares of the company’s stock valued at $161,000 after acquiring an additional 202 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 5,375.9% during the 1st quarter. GAMMA Investing LLC now owns 17,304 shares of the company’s stock worth $948,000 after buying an additional 16,988 shares during the period. Bare Financial Services Inc bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth about $95,000. BNP Paribas Financial Markets boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 171.1% during the 4th quarter. BNP Paribas Financial Markets now owns 4,077 shares of the company’s stock worth $230,000 after buying an additional 2,573 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 19.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 11,584 shares of the company’s stock worth $634,000 after buying an additional 1,908 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ stock opened at $57.24 on Monday. The company has a market capitalization of $21.60 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The company has a 50-day simple moving average of $56.83 and a 200 day simple moving average of $54.74. Pacer US Cash Cows 100 ETF has a 52 week low of $46.64 and a 52 week high of $61.92.

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.