Silverlake Wealth Management LLC Has $1.67 Million Stock Position in Pacer US Cash Cows 100 ETF $COWZ

Silverlake Wealth Management LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 182.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,279 shares of the company’s stock after buying an additional 19,555 shares during the period. Silverlake Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,668,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Soundwatch Capital LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 47,952.1% during the second quarter. Soundwatch Capital LLC now owns 2,539,074 shares of the company’s stock valued at $139,903,000 after acquiring an additional 2,533,790 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Pacer US Cash Cows 100 ETF by 57.5% in the first quarter. Jones Financial Companies Lllp now owns 1,431,184 shares of the company’s stock worth $77,771,000 after buying an additional 522,242 shares during the period. Baird Financial Group Inc. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 2.7% during the first quarter. Baird Financial Group Inc. now owns 1,359,646 shares of the company’s stock valued at $74,454,000 after buying an additional 36,017 shares in the last quarter. Focus Partners Wealth raised its position in Pacer US Cash Cows 100 ETF by 1.8% during the first quarter. Focus Partners Wealth now owns 1,114,078 shares of the company’s stock valued at $61,007,000 after buying an additional 19,487 shares during the period. Finally, Capital Asset Advisory Services LLC lifted its stake in Pacer US Cash Cows 100 ETF by 6.9% in the 2nd quarter. Capital Asset Advisory Services LLC now owns 995,264 shares of the company’s stock worth $55,834,000 after acquiring an additional 64,300 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ opened at $61.30 on Friday. The stock has a market cap of $23.13 billion, a PE ratio of 14.17 and a beta of 0.95. The stock’s 50-day moving average is $58.36 and its two-hundred day moving average is $57.01. Pacer US Cash Cows 100 ETF has a fifty-two week low of $46.64 and a fifty-two week high of $61.92.

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.