IFG Advisory LLC Buys 3,611 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

IFG Advisory LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 25.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,680 shares of the company’s stock after purchasing an additional 3,611 shares during the period. IFG Advisory LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $919,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC bought a new position in Pacer US Cash Cows 100 ETF during the fourth quarter worth about $1,438,988,000. LPL Financial LLC boosted its position in Pacer US Cash Cows 100 ETF by 10.3% during the third quarter. LPL Financial LLC now owns 13,217,124 shares of the company’s stock worth $653,322,000 after purchasing an additional 1,233,027 shares during the period. UBS Group AG boosted its position in Pacer US Cash Cows 100 ETF by 0.6% during the third quarter. UBS Group AG now owns 5,629,939 shares of the company’s stock worth $278,288,000 after purchasing an additional 34,999 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in Pacer US Cash Cows 100 ETF by 12.9% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 3,505,783 shares of the company’s stock worth $173,291,000 after purchasing an additional 399,554 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in Pacer US Cash Cows 100 ETF by 69.3% during the third quarter. Envestnet Asset Management Inc. now owns 3,276,874 shares of the company’s stock worth $161,976,000 after purchasing an additional 1,341,873 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $57.75 on Thursday. The stock has a market capitalization of $16.16 billion, a P/E ratio of 7.11 and a beta of 1.09. The stock has a 50-day moving average price of $53.72 and a 200-day moving average price of $51.34.

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.