MMA Asset Management LLC Purchases 2,846 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

MMA Asset Management LLC lifted its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 3.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 93,132 shares of the company’s stock after purchasing an additional 2,846 shares during the period. Pacer US Cash Cows 100 ETF makes up approximately 2.7% of MMA Asset Management LLC’s investment portfolio, making the stock its 10th biggest holding. MMA Asset Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $4,856,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of COWZ. Fagan Associates Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 0.6% during the 4th quarter. Fagan Associates Inc. now owns 31,797 shares of the company’s stock worth $1,653,000 after buying an additional 200 shares during the period. Larson Financial Group LLC raised its holdings in Pacer US Cash Cows 100 ETF by 77.2% during the 3rd quarter. Larson Financial Group LLC now owns 512 shares of the company’s stock worth $25,000 after buying an additional 223 shares during the period. Journey Strategic Wealth LLC raised its holdings in Pacer US Cash Cows 100 ETF by 1.5% during the 4th quarter. Journey Strategic Wealth LLC now owns 15,240 shares of the company’s stock worth $792,000 after buying an additional 226 shares during the period. Western Wealth Management LLC raised its holdings in Pacer US Cash Cows 100 ETF by 0.9% during the 4th quarter. Western Wealth Management LLC now owns 27,201 shares of the company’s stock worth $1,414,000 after buying an additional 243 shares during the period. Finally, Camarda Financial Advisors LLC raised its holdings in Pacer US Cash Cows 100 ETF by 0.7% during the 3rd quarter. Camarda Financial Advisors LLC now owns 37,172 shares of the company’s stock worth $1,837,000 after buying an additional 244 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 0.6 %

COWZ stock traded up $0.34 during mid-day trading on Friday, hitting $55.05. 1,380,628 shares of the company were exchanged. The company has a market cap of $22.65 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The business has a fifty day simple moving average of $56.16 and a 200 day simple moving average of $53.39.

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.