Verity Asset Management Inc. Purchases New Stake in Pacer US Cash Cows 100 ETF $COWZ

Verity Asset Management Inc. acquired a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 27,225 shares of the company’s stock, valued at approximately $1,818,000.

A number of other hedge funds also recently modified their holdings of the company. Sequoia Financial Advisors LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 1.3% during the first quarter. Sequoia Financial Advisors LLC now owns 1,824,648 shares of the company’s stock valued at $114,150,000 after purchasing an additional 23,487 shares during the period. Kestra Advisory Services LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 4.9% in the first quarter. Kestra Advisory Services LLC now owns 1,729,166 shares of the company’s stock valued at $108,177,000 after purchasing an additional 80,307 shares in the last quarter. Evensky & Katz LLC bought a new position in Pacer US Cash Cows 100 ETF in the third quarter worth $57,327,000. D.A. Davidson & CO. lifted its position in Pacer US Cash Cows 100 ETF by 0.3% in the first quarter. D.A. Davidson & CO. now owns 678,870 shares of the company’s stock worth $42,470,000 after purchasing an additional 1,968 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its position in Pacer US Cash Cows 100 ETF by 1.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 595,665 shares of the company’s stock worth $37,050,000 after purchasing an additional 8,616 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $71.66 on Thursday. Pacer US Cash Cows 100 ETF has a fifty-two week low of $56.84 and a fifty-two week high of $72.52. The firm’s fifty day moving average price is $69.85 and its two-hundred day moving average price is $65.57. The company has a market capitalization of $27.04 billion, a P/E ratio of 14.17 and a beta of 0.95.

Pacer US Cash Cows 100 ETF 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.