Moloney Securities Asset Management LLC Has $477,000 Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Moloney Securities Asset Management LLC increased its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 50.9% in the third quarter, Holdings Channel reports. The institutional investor owned 8,250 shares of the company’s stock after buying an additional 2,781 shares during the period. Moloney Securities Asset Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $477,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COWZ. American Capital Advisory LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $26,000. GoalVest Advisory LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $29,000. Central Bank & Trust Co. acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $31,000. Strategic Financial Concepts LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 260.8% in the second quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock valued at $32,000 after buying an additional 42,367 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its position in shares of Pacer US Cash Cows 100 ETF by 137.0% in the second quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock valued at $38,000 after buying an additional 400 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 2.8 %

Shares of COWZ opened at $59.68 on Thursday. The firm has a market capitalization of $24.56 billion, a P/E ratio of 8.66 and a beta of 0.79. The company’s 50 day moving average price is $57.38 and its 200 day moving average price is $56.05.

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.