Stegent Equity Advisors Inc. Has $2.54 Million Stock Position in Pacer US Cash Cows 100 ETF $COWZ

Stegent Equity Advisors Inc. raised its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 691.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,600 shares of the company’s stock after purchasing an additional 35,473 shares during the quarter. Pacer US Cash Cows 100 ETF makes up approximately 2.2% of Stegent Equity Advisors Inc.’s holdings, making the stock its 11th biggest position. Stegent Equity Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,540,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. First Trust Advisors LP acquired a new position in Pacer US Cash Cows 100 ETF in the second quarter worth approximately $268,000. Qube Research & Technologies Ltd lifted its stake in Pacer US Cash Cows 100 ETF by 8.4% in the second quarter. Qube Research & Technologies Ltd now owns 114,231 shares of the company’s stock valued at $6,294,000 after acquiring an additional 8,807 shares during the last quarter. NCM Capital Management LLC grew its position in Pacer US Cash Cows 100 ETF by 2.4% in the second quarter. NCM Capital Management LLC now owns 41,532 shares of the company’s stock worth $2,291,000 after acquiring an additional 954 shares in the last quarter. Ausdal Financial Partners Inc. grew its position in Pacer US Cash Cows 100 ETF by 8.1% in the second quarter. Ausdal Financial Partners Inc. now owns 302,611 shares of the company’s stock worth $16,674,000 after acquiring an additional 22,578 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 1.1% during the 2nd quarter. Benjamin Edwards Inc. now owns 69,713 shares of the company’s stock worth $3,841,000 after purchasing an additional 792 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 0.9%

Pacer US Cash Cows 100 ETF stock opened at $62.77 on Thursday. The company has a market capitalization of $23.69 billion, a P/E ratio of 14.17 and a beta of 0.95. The firm’s fifty day simple moving average is $63.33 and its 200-day simple moving average is $62.76. Pacer US Cash Cows 100 ETF has a 1-year low of $54.82 and a 1-year high of $65.64.

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.