Kerntke Otto McGlone Wealth Management Group Has $965,000 Stock Position in Pacer US Cash Cows 100 ETF $COWZ

Kerntke Otto McGlone Wealth Management Group boosted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 123.5% during the second quarter, Holdings Channel reports. The institutional investor owned 17,522 shares of the company’s stock after buying an additional 9,683 shares during the period. Pacer US Cash Cows 100 ETF comprises approximately 0.8% of Kerntke Otto McGlone Wealth Management Group’s investment portfolio, making the stock its 26th biggest position. Kerntke Otto McGlone Wealth Management Group’s holdings in Pacer US Cash Cows 100 ETF were worth $965,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in COWZ. Northern Trust Corp grew its position in shares of Pacer US Cash Cows 100 ETF by 34.8% during the 4th quarter. Northern Trust Corp now owns 18,044 shares of the company’s stock worth $1,019,000 after purchasing an additional 4,657 shares in the last quarter. BNP Paribas Financial Markets grew its position 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 purchasing an additional 2,573 shares in the last quarter. Berkeley Inc acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $2,083,000. Mascagni Wealth Management Inc. acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $178,000. Finally, Modus Advisors LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 0.8% during the 1st quarter. Modus Advisors LLC now owns 118,894 shares of the company’s stock worth $6,511,000 after purchasing an additional 942 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 0.8%

Shares of BATS:COWZ opened at $56.95 on Friday. The company’s 50 day moving average price is $56.94 and its two-hundred day moving average price is $54.79. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $61.92. The firm has a market cap of $21.49 billion, a PE ratio of 14.17 and a beta of 0.95.

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.