Altus Wealth Group LLC Has $10.06 Million Stock Holdings in Pacer US Cash Cows 100 ETF $COWZ

Altus Wealth Group LLC lessened its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 34.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 160,777 shares of the company’s stock after selling 85,579 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for approximately 4.1% of Altus Wealth Group LLC’s holdings, making the stock its 5th largest holding. Altus Wealth Group LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $10,058,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Baer Investment Advisory LLC acquired a new position in Pacer US Cash Cows 100 ETF in the first quarter valued at about $439,000. World Investment Advisors increased its holdings in shares of Pacer US Cash Cows 100 ETF by 4.3% in the first quarter. World Investment Advisors now owns 163,306 shares of the company’s stock worth $10,216,000 after acquiring an additional 6,689 shares in the last quarter. Trademark Financial Management LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 2.2% during the first quarter. Trademark Financial Management LLC now owns 35,534 shares of the company’s stock worth $2,223,000 after purchasing an additional 752 shares during the period. Elevation Point Wealth Partners LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 33.5% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 16,553 shares of the company’s stock valued at $1,036,000 after purchasing an additional 4,157 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in shares of Pacer US Cash Cows 100 ETF by 22.4% during the 1st quarter. Sound Income Strategies LLC now owns 19,162 shares of the company’s stock valued at $1,194,000 after purchasing an additional 3,502 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $63.79 on Friday. The stock has a 50 day simple moving average of $63.36 and a 200 day simple moving average of $62.78. Pacer US Cash Cows 100 ETF has a 52-week low of $54.82 and a 52-week high of $65.64. The firm has a market capitalization of $24.07 billion, a PE ratio of 14.17 and a beta of 0.95.

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.