Pursuit Wealth Management LLC Invests $1.68 Million in Pacer US Cash Cows 100 ETF $COWZ

Pursuit Wealth Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 27,876 shares of the company’s stock, valued at approximately $1,677,000. Pacer US Cash Cows 100 ETF accounts for about 1.4% of Pursuit Wealth Management LLC’s holdings, making the stock its 17th largest holding.

A number of other institutional investors also recently added to or reduced their stakes in COWZ. Hofer & Associates. Inc grew its holdings in Pacer US Cash Cows 100 ETF by 1.7% during the 4th quarter. Hofer & Associates. Inc now owns 10,474 shares of the company’s stock worth $630,000 after acquiring an additional 171 shares in the last quarter. Newbridge Financial Services Group Inc. increased its holdings in Pacer US Cash Cows 100 ETF by 24.6% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 880 shares of the company’s stock valued at $53,000 after buying an additional 174 shares during the last quarter. Assetmark Inc. raised its stake in Pacer US Cash Cows 100 ETF by 5.3% in the third quarter. Assetmark Inc. now owns 3,455 shares of the company’s stock valued at $199,000 after buying an additional 175 shares in the last quarter. Capital Investment Advisory Services LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 0.4% during the 4th quarter. Capital Investment Advisory Services LLC now owns 44,019 shares of the company’s stock worth $2,649,000 after buying an additional 177 shares during the last quarter. Finally, Modera Wealth Management LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 3.6% during the 3rd quarter. Modera Wealth Management LLC now owns 5,652 shares of the company’s stock worth $325,000 after buying an additional 199 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS:COWZ opened at $62.23 on Thursday. Pacer US Cash Cows 100 ETF has a 1 year low of $48.89 and a 1 year high of $64.97. The stock has a market cap of $23.49 billion, a P/E ratio of 14.17 and a beta of 0.95. The stock has a 50-day simple moving average of $63.12 and a 200-day simple moving average of $60.85.

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.