Stegent Equity Advisors Inc. Buys 9,341 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Stegent Equity Advisors Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 22.3% during the fourth quarter, Holdings Channel reports. The fund owned 51,189 shares of the company’s stock after acquiring an additional 9,341 shares during the quarter. Pacer US Cash Cows 100 ETF comprises about 2.9% of Stegent Equity Advisors Inc.’s holdings, making the stock its 9th biggest holding. Stegent Equity Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,891,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. DecisionPoint Financial LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $26,000. Human Investing LLC bought a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter valued at $27,000. Bank of Jackson Hole Trust bought a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter valued at $37,000. Kestra Investment Management LLC bought a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter valued at $41,000. Finally, Blue Trust Inc. bought a new stake in Pacer US Cash Cows 100 ETF in the 3rd quarter valued at $45,000.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $57.47 on Thursday. The firm has a 50-day moving average price of $57.70 and a two-hundred day moving average price of $57.87. The company has a market cap of $25.21 billion, a P/E ratio of 13.11 and a beta of 1.03.

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.