Pacer US Cash Cows 100 ETF (BATS:COWZ) Shares Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,256 shares of the company’s stock after acquiring an additional 2,466 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,782,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of COWZ. Sunbelt Securities Inc. raised its stake in Pacer US Cash Cows 100 ETF by 137.0% during the second quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock worth $38,000 after acquiring an additional 400 shares during the period. Blue Trust Inc. acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the third quarter valued at approximately $45,000. Investors Research Corp increased its stake in shares of Pacer US Cash Cows 100 ETF by 498.8% in the third quarter. Investors Research Corp now owns 1,006 shares of the company’s stock valued at $58,000 after purchasing an additional 838 shares during the period. Key Financial Inc increased its stake in shares of Pacer US Cash Cows 100 ETF by 56.7% in the third quarter. Key Financial Inc now owns 1,133 shares of the company’s stock valued at $66,000 after purchasing an additional 410 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 17.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after purchasing an additional 207 shares during the period.

Pacer US Cash Cows 100 ETF Stock Up 2.5 %

Shares of BATS:COWZ opened at $58.84 on Friday. The company has a 50 day moving average price of $58.61 and a 200 day moving average price of $57.44. The firm has a market capitalization of $24.21 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

About Pacer US Cash Cows 100 ETF

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.