41,228 Shares of Pacer US Cash Cows 100 ETF $COWZ Purchased by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. acquired a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 41,228 shares of the company’s stock, valued at approximately $2,752,000. Pacer US Cash Cows 100 ETF makes up 1.2% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 19th largest position.

Other hedge funds have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the third quarter worth approximately $164,145,000. Kestra Advisory Services LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 2.4% during the third quarter. Kestra Advisory Services LLC now owns 1,721,586 shares of the company’s stock valued at $114,933,000 after acquiring an additional 39,631 shares in the last quarter. Evensky & Katz LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the third quarter valued at approximately $57,327,000. AlphaCore Capital LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 5.8% in the third quarter. AlphaCore Capital LLC now owns 692,337 shares of the company’s stock valued at $46,220,000 after purchasing an additional 37,782 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 0.3% in the first quarter. D.A. Davidson & CO. now owns 678,870 shares of the company’s stock valued at $42,470,000 after purchasing an additional 1,968 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 0.5%

Shares of BATS:COWZ opened at $70.89 on Friday. Pacer US Cash Cows 100 ETF has a 52-week low of $56.84 and a 52-week high of $72.52. The stock has a market cap of $19.66 billion, a P/E ratio of 14.94 and a beta of 0.83. The business’s 50 day moving average is $69.65 and its 200 day moving average is $65.83.

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.