Nwam LLC Acquires New Shares in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Nwam LLC acquired a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 52,986 shares of the company’s stock, valued at approximately $3,064,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in COWZ. LPL Financial LLC raised its stake in Pacer US Cash Cows 100 ETF by 13.3% during the 2nd quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock valued at $1,015,397,000 after buying an additional 2,184,380 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock worth $348,981,000 after purchasing an additional 1,281,810 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter worth $61,929,000. Thrivent Financial for Lutherans increased its stake in shares of Pacer US Cash Cows 100 ETF by 230.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 884,559 shares of the company’s stock worth $51,154,000 after purchasing an additional 616,518 shares in the last quarter. Finally, Truist Financial Corp increased its stake in shares of Pacer US Cash Cows 100 ETF by 150.4% in the 2nd quarter. Truist Financial Corp now owns 902,091 shares of the company’s stock worth $49,155,000 after purchasing an additional 541,800 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ opened at $60.78 on Friday. The stock has a market cap of $25.01 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The business has a 50 day moving average of $58.11 and a two-hundred day moving average of $56.38.

Pacer US Cash Cows 100 ETF Company 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.