PCG Wealth Advisors LLC Raises Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

PCG Wealth Advisors LLC increased its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,712 shares of the company’s stock after acquiring an additional 3,506 shares during the period. Pacer US Cash Cows 100 ETF makes up about 1.7% of PCG Wealth Advisors LLC’s portfolio, making the stock its 13th biggest holding. PCG Wealth Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,672,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Verition Fund Management LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter valued at about $239,000. Brass Tax Wealth Management Inc. lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 15.5% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock valued at $804,000 after buying an additional 1,870 shares during the period. Private Client Services LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 4.5% in the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after buying an additional 2,976 shares during the period. SPC Financial Inc. lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 4.8% in the 2nd quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock valued at $10,415,000 after buying an additional 8,839 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 4.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock valued at $104,084,000 after buying an additional 70,617 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 2.2 %

Shares of COWZ stock opened at $58.65 on Friday. The firm has a market cap of $24.13 billion, a PE ratio of 8.66 and a beta of 0.79. The company has a 50-day moving average of $58.59 and a 200-day moving average of $57.48.

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.