Penobscot Wealth Management raised its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 6.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 68,925 shares of the company’s stock after buying an additional 4,171 shares during the period. Pacer US Cash Cows 100 ETF comprises about 2.2% of Penobscot Wealth Management’s portfolio, making the stock its 9th largest holding. Penobscot Wealth Management’s holdings in Pacer US Cash Cows 100 ETF were worth $3,986,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of COWZ. LPL Financial LLC raised its stake in shares of 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 valued at $348,981,000 after purchasing an additional 1,281,810 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at about $61,929,000. 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 valued at $49,155,000 after purchasing an additional 541,800 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 12.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,860,894 shares of the company’s stock valued at $264,870,000 after purchasing an additional 536,715 shares in the last quarter.
Pacer US Cash Cows 100 ETF Trading Down 0.1 %
Shares of Pacer US Cash Cows 100 ETF stock opened at $56.91 on Friday. The company has a fifty day simple moving average of $57.32 and a 200-day simple moving average of $55.96. The stock has a market cap of $23.42 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.
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.
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