Petros Family Wealth LLC Invests $2.10 Million in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Petros Family Wealth LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the fourth quarter, HoldingsChannel reports. The fund acquired 37,184 shares of the company’s stock, valued at approximately $2,100,000. Pacer US Cash Cows 100 ETF accounts for about 2.3% of Petros Family Wealth LLC’s investment portfolio, making the stock its 9th largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC raised its stake in shares of Pacer US Cash Cows 100 ETF by 96.0% during the 3rd quarter. FMR LLC now owns 32,227 shares of the company’s stock worth $1,864,000 after purchasing an additional 15,786 shares in the last quarter. Verition Fund Management LLC acquired a new position in Pacer US Cash Cows 100 ETF in the third quarter worth approximately $239,000. Quantinno Capital Management LP bought a new position in Pacer US Cash Cows 100 ETF during the third quarter valued at approximately $240,000. National Bank of Canada FI lifted its stake in Pacer US Cash Cows 100 ETF by 5.3% in the third quarter. National Bank of Canada FI now owns 14,267 shares of the company’s stock valued at $825,000 after acquiring an additional 720 shares during the last quarter. Finally, World Investment Advisors LLC grew its position in Pacer US Cash Cows 100 ETF by 2.7% in the third quarter. World Investment Advisors LLC now owns 160,023 shares of the company’s stock worth $9,254,000 after acquiring an additional 4,163 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 13.1 %

Shares of COWZ opened at $49.87 on Friday. Pacer US Cash Cows 100 ETF has a 12 month low of $46.64 and a 12 month high of $61.92. The company’s fifty day moving average is $55.09 and its 200-day moving average is $57.25. The firm has a market cap of $21.52 billion, a price-to-earnings ratio of 13.11 and a beta of 0.97.

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.