Pacer US Cash Cows 100 ETF $COWZ is Tandem Investment Partners LLC’s 6th Largest Position

Tandem Investment Partners LLC boosted its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 8.1% in the second quarter, Holdings Channel reports. The institutional investor owned 97,851 shares of the company’s stock after acquiring an additional 7,301 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for approximately 4.7% of Tandem Investment Partners LLC’s investment portfolio, making the stock its 6th biggest holding. Tandem Investment Partners LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $5,392,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 2.6% during the 1st quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock valued at $1,162,523,000 after purchasing an additional 535,597 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 4.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 5,601,002 shares of the company’s stock valued at $306,711,000 after purchasing an additional 226,649 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Pacer US Cash Cows 100 ETF by 4.5% during the 1st quarter. Cetera Investment Advisers now owns 4,821,379 shares of the company’s stock valued at $264,019,000 after purchasing an additional 209,782 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 0.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 4,485,533 shares of the company’s stock valued at $245,628,000 after purchasing an additional 34,811 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 14.6% during the 1st quarter. HighTower Advisors LLC now owns 2,048,597 shares of the company’s stock valued at $112,181,000 after purchasing an additional 260,772 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $57.83 on Friday. The company has a fifty day moving average price of $57.06 and a 200-day moving average price of $54.91. The firm has a market capitalization of $21.82 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a one year low of $46.64 and a one year 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.