Quantinno Capital Management LP Raises Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

Quantinno Capital Management LP boosted its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 95.2% in the first quarter, Holdings Channel.com reports. The firm owned 25,203 shares of the company’s stock after buying an additional 12,294 shares during the quarter. Quantinno Capital Management LP’s holdings in Pacer US Cash Cows 100 ETF were worth $1,577,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Motiv8 Investments LLC purchased a new position in Pacer US Cash Cows 100 ETF during the 4th quarter valued at about $26,000. Field & Main Bank purchased a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter worth about $27,000. Colonial Trust Co SC grew its holdings in Pacer US Cash Cows 100 ETF by 175.6% in the fourth quarter. Colonial Trust Co SC now owns 496 shares of the company’s stock worth $30,000 after purchasing an additional 316 shares during the period. Newbridge Financial Services Group Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 1,217.5% during the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after purchasing an additional 487 shares in the last quarter. Finally, Simplex Trading LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 75.6% during the fourth quarter. Simplex Trading LLC now owns 539 shares of the company’s stock valued at $32,000 after purchasing an additional 232 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $69.95 on Thursday. The firm has a 50 day moving average price of $64.73 and a 200-day moving average price of $63.74. Pacer US Cash Cows 100 ETF has a 52-week low of $55.62 and a 52-week high of $70.38. The firm has a market capitalization of $26.40 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95.

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.