Pacer US Cash Cows 100 ETF (BATS:COWZ) is Endowment Wealth Management Inc.’s 10th Largest Position

Endowment Wealth Management Inc. boosted its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 92.1% in the 4th quarter, Holdings Channel reports. The firm owned 60,354 shares of the company’s stock after purchasing an additional 28,940 shares during the period. Pacer US Cash Cows 100 ETF accounts for about 2.3% of Endowment Wealth Management Inc.’s investment portfolio, making the stock its 10th biggest holding. Endowment Wealth Management Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $3,409,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth $867,906,000. Janney Montgomery Scott LLC acquired a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter valued at about $81,029,000. LPL Financial LLC grew its stake in Pacer US Cash Cows 100 ETF by 6.1% in the 3rd quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after acquiring an additional 1,132,656 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in Pacer US Cash Cows 100 ETF by 230.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock valued at $51,154,000 after acquiring an additional 616,518 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC acquired a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter valued at about $30,897,000.

Pacer US Cash Cows 100 ETF Trading Down 2.8 %

Shares of BATS COWZ opened at $55.76 on Tuesday. The stock has a market cap of $24.46 billion, a price-to-earnings ratio of 13.11 and a beta of 1.03. The company’s 50-day moving average price is $57.55 and its 200 day moving average price is $57.91. Pacer US Cash Cows 100 ETF has a 52 week low of $53.03 and a 52 week high of $61.92.

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.