MBE Wealth Management LLC Invests $529,000 in Pacer US Cash Cows 100 ETF $COWZ

MBE Wealth Management LLC bought a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 8,457 shares of the company’s stock, valued at approximately $529,000.

Several other hedge funds and other institutional investors have also made changes to their positions in COWZ. Axxcess Wealth Management LLC increased its holdings in Pacer US Cash Cows 100 ETF by 4.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 990,986 shares of the company’s stock valued at $59,628,000 after purchasing an additional 38,779 shares in the last quarter. Capital Asset Advisory Services LLC raised its position in Pacer US Cash Cows 100 ETF by 1.9% in the fourth quarter. Capital Asset Advisory Services LLC now owns 975,844 shares of the company’s stock valued at $60,083,000 after purchasing an additional 17,863 shares during the period. Sfmg LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 2.9% during the fourth quarter. Sfmg LLC now owns 950,367 shares of the company’s stock worth $57,184,000 after purchasing an additional 26,453 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Pacer US Cash Cows 100 ETF by 0.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 898,123 shares of the company’s stock worth $54,040,000 after purchasing an additional 8,284 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Pacer US Cash Cows 100 ETF by 47.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 826,983 shares of the company’s stock worth $49,761,000 after purchasing an additional 265,989 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS COWZ opened at $63.02 on Friday. Pacer US Cash Cows 100 ETF has a 1-year low of $54.73 and a 1-year high of $65.64. The company has a market capitalization of $23.78 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The business has a 50-day moving average of $63.35 and a 200-day moving average of $62.71.

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.