Fortune Financial Group Inc. acquired a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 84,105 shares of the company’s stock, valued at approximately $5,061,000. Pacer US Cash Cows 100 ETF makes up about 5.1% of Fortune Financial Group Inc.’s investment portfolio, making the stock its 5th largest position.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Field & Main Bank purchased a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $27,000. Harbor Investment Advisory LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $29,000. Newbridge Financial Services Group Inc. lifted its stake in Pacer US Cash Cows 100 ETF by 1,217.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after buying an additional 487 shares during the last quarter. Simplex Trading LLC lifted its stake in Pacer US Cash Cows 100 ETF by 75.6% in the fourth quarter. Simplex Trading LLC now owns 539 shares of the company’s stock valued at $32,000 after buying an additional 232 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in Pacer US Cash Cows 100 ETF by 50.2% in the third quarter. Larson Financial Group LLC now owns 604 shares of the company’s stock valued at $35,000 after buying an additional 202 shares during the last quarter.
Pacer US Cash Cows 100 ETF Stock Down 1.0%
BATS COWZ opened at $63.02 on Thursday. Pacer US Cash Cows 100 ETF has a 52-week low of $54.13 and a 52-week high of $65.64. The business’s 50-day moving average price is $63.27 and its 200 day moving average price is $62.46. The firm has a market cap of $23.78 billion, a P/E 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.
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Want to see what other hedge funds are holding COWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report).
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