Sequoia Financial Advisors LLC Acquires 23,487 Shares of Pacer US Cash Cows 100 ETF $COWZ

Sequoia Financial Advisors LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 1,824,648 shares of the company’s stock after buying an additional 23,487 shares during the period. Sequoia Financial Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $114,150,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of COWZ. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 1,256.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock valued at $51,139,000 after acquiring an additional 824,222 shares during the last quarter. Wilkerson Advisory Group LLC bought a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter worth about $31,538,000. Tableaux LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 238.1% in the fourth quarter. Tableaux LLC now owns 607,768 shares of the company’s stock worth $36,569,000 after buying an additional 428,028 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Pacer US Cash Cows 100 ETF by 13,333,233.3% during the 4th quarter. BNP Paribas Financial Markets now owns 400,000 shares of the company’s stock worth $24,068,000 after acquiring an additional 399,997 shares during the last quarter. Finally, Tcfg Wealth Management LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 2,851.3% during the 3rd quarter. Tcfg Wealth Management LLC now owns 386,323 shares of the company’s stock valued at $22,202,000 after acquiring an additional 373,233 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 0.2%

Shares of COWZ traded up $0.15 during trading hours on Friday, reaching $64.07. 878,976 shares of the company traded hands, compared to its average volume of 1,303,432. The stock’s fifty day moving average price is $63.48 and its 200 day moving average price is $62.89. The firm has a market cap of $24.18 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12-month low of $54.82 and a 12-month high of $65.64.

About Pacer US Cash Cows 100 ETF

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.