Pacer US Cash Cows 100 ETF $COWZ Stock Purchased by Davidson Kahn Capital Management LLC

Davidson Kahn Capital Management LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 39.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 55,720 shares of the company’s stock after buying an additional 15,768 shares during the quarter. Pacer US Cash Cows 100 ETF makes up approximately 1.5% of Davidson Kahn Capital Management LLC’s holdings, making the stock its 15th largest holding. Davidson Kahn Capital Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $3,720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Kingswood Wealth Advisors LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 47.7% in the third quarter. Kingswood Wealth Advisors LLC now owns 15,998 shares of the company’s stock worth $1,068,000 after acquiring an additional 5,163 shares in the last quarter. Sigma Planning Corp purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the third quarter worth about $12,825,000. Winter & Associates Inc. grew its stake in shares of Pacer US Cash Cows 100 ETF by 6.1% during the third quarter. Winter & Associates Inc. now owns 138,729 shares of the company’s stock worth $9,861,000 after acquiring an additional 7,920 shares during the last quarter. Compass Ion Advisors LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the third quarter worth about $2,238,000. Finally, Richardson Capital Management LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF during the third quarter valued at about $458,000.

Pacer US Cash Cows 100 ETF Trading Up 0.2%

BATS:COWZ opened at $71.25 on Tuesday. Pacer US Cash Cows 100 ETF has a twelve month low of $56.84 and a twelve month high of $72.52. The company’s 50 day moving average is $69.89 and its two-hundred day moving average is $65.25. The company has a market cap of $26.89 billion, a PE ratio of 14.17 and a beta of 0.95.

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.