Davis Investment Partners LLC Has $3.46 Million Holdings in Pacer US Cash Cows 100 ETF $COWZ

Davis Investment Partners LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 45.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 55,238 shares of the company’s stock after acquiring an additional 17,328 shares during the period. Pacer US Cash Cows 100 ETF makes up approximately 1.2% of Davis Investment Partners LLC’s investment portfolio, making the stock its 14th largest holding. Davis Investment Partners LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $3,456,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COWZ. Northbridge Financial Group LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $5,342,000. Capital Asset Advisory Services LLC boosted its holdings in shares of 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 buying an additional 17,863 shares during the period. Cary Street Partners Financial LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 11.1% in the third quarter. Cary Street Partners Financial LLC now owns 186,738 shares of the company’s stock valued at $10,732,000 after buying an additional 18,701 shares during the period. Breachway Investments LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth $2,716,000. Finally, Evensky & Katz LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 3.1% during the third quarter. Evensky & Katz LLC now owns 805,116 shares of the company’s stock worth $46,270,000 after acquiring an additional 24,458 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 0.7%

Shares of BATS:COWZ opened at $62.26 on Thursday. Pacer US Cash Cows 100 ETF has a 12 month low of $54.24 and a 12 month high of $65.64. The company’s fifty day simple moving average is $63.33 and its 200 day simple moving average is $62.69. The firm has a market cap of $23.50 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95.

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.