Sfmg LLC Purchases 26,453 Shares of Pacer US Cash Cows 100 ETF $COWZ

Sfmg LLC increased its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 950,367 shares of the company’s stock after buying an additional 26,453 shares during the period. Pacer US Cash Cows 100 ETF accounts for 3.8% of Sfmg LLC’s portfolio, making the stock its 9th largest holding. Sfmg LLC owned 0.25% of Pacer US Cash Cows 100 ETF worth $57,184,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in COWZ. Mercer Global Advisors Inc. ADV increased its holdings in Pacer US Cash Cows 100 ETF by 1,256.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock worth $51,139,000 after buying an additional 824,222 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Pacer US Cash Cows 100 ETF by 13,333,233.3% in the fourth quarter. BNP Paribas Financial Markets now owns 400,000 shares of the company’s stock worth $24,068,000 after buying an additional 399,997 shares during the last quarter. Tcfg Wealth Management LLC increased its holdings in Pacer US Cash Cows 100 ETF by 2,851.3% in the third quarter. Tcfg Wealth Management LLC now owns 386,323 shares of the company’s stock worth $22,202,000 after buying an additional 373,233 shares during the last quarter. Drucker Wealth 3.0 LLC increased its holdings in Pacer US Cash Cows 100 ETF by 171.2% in the third quarter. Drucker Wealth 3.0 LLC now owns 338,631 shares of the company’s stock worth $19,461,000 after buying an additional 213,774 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in Pacer US Cash Cows 100 ETF in the fourth quarter worth approximately $12,771,000.

Pacer US Cash Cows 100 ETF Stock Performance

BATS:COWZ opened at $64.97 on Friday. The stock’s 50 day moving average price is $62.90 and its 200 day moving average price is $62.09. Pacer US Cash Cows 100 ETF has a 52 week low of $53.07 and a 52 week high of $65.25. The company has a market capitalization of $24.52 billion, a P/E 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.