581,282 Shares in Pacer US Cash Cows 100 ETF $COWZ Purchased by SCS Capital Management LLC

SCS Capital Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 581,282 shares of the company’s stock, valued at approximately $31,831,000.

Several other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 2.6% during the first quarter. LPL Financial LLC now owns 21,229,420 shares of the company’s stock worth $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 first quarter. Commonwealth Equity Services LLC now owns 5,601,002 shares of the company’s stock worth $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 first quarter. Cetera Investment Advisers now owns 4,821,379 shares of the company’s stock worth $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 first quarter. Cambridge Investment Research Advisors Inc. now owns 4,485,533 shares of the company’s stock worth $245,628,000 after purchasing an additional 34,811 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Pacer US Cash Cows 100 ETF by 26.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,394,761 shares of the company’s stock worth $135,256,000 after purchasing an additional 506,659 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS COWZ opened at $57.50 on Tuesday. The stock has a market capitalization of $21.70 billion, a PE ratio of 14.17 and a beta of 0.95. The business has a 50 day simple moving average of $56.69 and a two-hundred day simple moving average of $54.74. Pacer US Cash Cows 100 ETF has a 1-year low of $46.64 and a 1-year high of $61.92.

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.