Paragon Advisors LLC Has $1.96 Million Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Paragon Advisors LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 10.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,845 shares of the company’s stock after buying an additional 3,284 shares during the period. Paragon Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,963,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC increased its holdings in Pacer US Cash Cows 100 ETF by 4.7% in the fourth quarter. LPL Financial LLC now owns 20,693,823 shares of the company’s stock valued at $1,168,787,000 after purchasing an additional 926,609 shares during the period. Raymond James Financial Inc. acquired a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at $867,906,000. Wells Fargo & Company MN increased its holdings in Pacer US Cash Cows 100 ETF by 5.7% in the fourth quarter. Wells Fargo & Company MN now owns 12,058,287 shares of the company’s stock valued at $681,052,000 after purchasing an additional 652,842 shares during the period. Envestnet Asset Management Inc. increased its holdings in Pacer US Cash Cows 100 ETF by 7.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,591,340 shares of the company’s stock valued at $428,759,000 after purchasing an additional 508,462 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in Pacer US Cash Cows 100 ETF by 2.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 5,374,353 shares of the company’s stock valued at $303,543,000 after purchasing an additional 112,586 shares during the period.

Pacer US Cash Cows 100 ETF Stock Down 4.6%

BATS COWZ opened at $54.77 on Tuesday. The company has a market capitalization of $21.46 billion, a price-to-earnings ratio of 14.99 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a twelve month low of $46.64 and a twelve month high of $61.92. The stock has a fifty day simple moving average of $52.16 and a 200 day simple moving average of $55.73.

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.