Independent Financial Group LLC Takes Position in Pacer US Cash Cows 100 ETF $COWZ

Independent Financial Group LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 289,127 shares of the company’s stock, valued at approximately $18,088,000. Pacer US Cash Cows 100 ETF makes up about 0.5% of Independent Financial Group LLC’s portfolio, making the stock its 26th biggest position.

Several other institutional investors also recently modified their holdings of COWZ. Mercer Global Advisors Inc. ADV grew 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 purchasing an additional 824,222 shares during the period. Wilkerson Advisory Group LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter valued at $31,538,000. Tableaux LLC increased its holdings in Pacer US Cash Cows 100 ETF by 238.1% in the 4th quarter. Tableaux LLC now owns 607,768 shares of the company’s stock worth $36,569,000 after buying an additional 428,028 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of 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 acquiring an additional 399,997 shares during the period. Finally, Marble Wealth LLC bought a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter worth approximately $20,610,000.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $65.20 on Friday. The business has a fifty day moving average of $63.56 and a 200 day moving average of $62.99. The firm has a market capitalization of $24.61 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $54.82 and a one year high of $65.64.

Pacer US Cash Cows 100 ETF 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.