Pacer US Cash Cows 100 ETF (BATS:COWZ) is Smart Portfolios LLC’s 4th Largest Position

Smart Portfolios LLC grew its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,652 shares of the company’s stock after buying an additional 777 shares during the quarter. Pacer US Cash Cows 100 ETF makes up 2.9% of Smart Portfolios LLC’s portfolio, making the stock its 4th biggest holding. Smart Portfolios LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,748,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in COWZ. LPL Financial LLC boosted its stake in Pacer US Cash Cows 100 ETF by 6.1% during the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock valued at $1,143,138,000 after buying an additional 1,132,656 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the fourth quarter worth approximately $867,906,000. Stifel Financial Corp increased its holdings in Pacer US Cash Cows 100 ETF by 10.2% during the 3rd quarter. Stifel Financial Corp now owns 1,867,702 shares of the company’s stock worth $108,009,000 after purchasing an additional 172,652 shares during the period. HighTower Advisors LLC increased its holdings in Pacer US Cash Cows 100 ETF by 4.1% during the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock worth $104,084,000 after purchasing an additional 70,617 shares during the period. Finally, Carlson Capital Management boosted its position in Pacer US Cash Cows 100 ETF by 5.8% during the 3rd quarter. Carlson Capital Management now owns 1,731,824 shares of the company’s stock valued at $100,151,000 after acquiring an additional 94,434 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 4.6 %

Shares of BATS COWZ opened at $54.72 on Wednesday. The stock has a market capitalization of $24.00 billion, a PE ratio of 13.11 and a beta of 1.03. The stock’s fifty day simple moving average is $57.47 and its two-hundred day simple moving average is $57.90. Pacer US Cash Cows 100 ETF has a 12-month low of $53.03 and a 12-month high of $61.92.

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.