IFS Group LLC Buys Shares of 24,075 Pacer US Cash Cows 100 ETF $COWZ

IFS Group LLC purchased a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 24,075 shares of the company’s stock, valued at approximately $1,506,000. Pacer US Cash Cows 100 ETF comprises approximately 1.3% of IFS Group LLC’s portfolio, making the stock its 21st largest position.

Several other large investors have also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV raised its stake in Pacer US Cash Cows 100 ETF by 1,256.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock valued at $51,139,000 after purchasing an additional 824,222 shares during the last quarter. Wilkerson Advisory Group LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter worth $31,538,000. Tableaux LLC grew its holdings in shares of Pacer US Cash Cows 100 ETF by 238.1% during the fourth quarter. Tableaux LLC now owns 607,768 shares of the company’s stock worth $36,569,000 after buying an additional 428,028 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Pacer US Cash Cows 100 ETF by 13,333,233.3% during the fourth quarter. BNP Paribas Financial Markets now owns 400,000 shares of the company’s stock worth $24,068,000 after buying an additional 399,997 shares in the last quarter. Finally, Decker Wealth Management LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the first quarter valued at about $22,982,000.

Pacer US Cash Cows 100 ETF Trading Up 0.5%

BATS:COWZ opened at $67.86 on Thursday. The company’s 50-day moving average price is $63.94 and its 200-day moving average price is $63.27. The company has a market cap of $25.61 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a twelve month low of $54.82 and a twelve month high of $68.58.

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.