Provident Wealth Management LLC Increases Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

Provident Wealth Management LLC lifted its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 812,469 shares of the company’s stock after acquiring an additional 9,186 shares during the period. Pacer US Cash Cows 100 ETF makes up about 14.1% of Provident Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Provident Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $46,693,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its stake in Pacer US Cash Cows 100 ETF by 898.4% in the first quarter. Russell Investments Group Ltd. now owns 1,857 shares of the company’s stock valued at $102,000 after acquiring an additional 1,671 shares during the last quarter. Trexquant Investment LP increased its stake in shares of Pacer US Cash Cows 100 ETF by 27.2% during the 1st quarter. Trexquant Investment LP now owns 7,835 shares of the company’s stock worth $429,000 after purchasing an additional 1,675 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF by 2.7% in the 1st quarter. Baird Financial Group Inc. now owns 1,359,646 shares of the company’s stock valued at $74,454,000 after purchasing an additional 36,017 shares during the period. Titleist Asset Management LLC lifted its stake in Pacer US Cash Cows 100 ETF by 4.1% in the 1st quarter. Titleist Asset Management LLC now owns 106,548 shares of the company’s stock valued at $5,835,000 after purchasing an additional 4,155 shares during the last quarter. Finally, Calton & Associates Inc. lifted its stake in Pacer US Cash Cows 100 ETF by 239.0% in the 1st quarter. Calton & Associates Inc. now owns 260,751 shares of the company’s stock valued at $14,279,000 after purchasing an additional 183,823 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 6.8%

Shares of BATS COWZ opened at $61.32 on Friday. The business’s 50 day moving average price is $59.21 and its two-hundred day moving average price is $57.48. The company has a market cap of $23.14 billion, a PE ratio of 14.17 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.

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.