Opinicus Capital Inc. Boosts Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Opinicus Capital Inc. grew its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 18.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 41,620 shares of the company’s stock after buying an additional 6,574 shares during the period. Pacer US Cash Cows 100 ETF accounts for approximately 2.1% of Opinicus Capital Inc.’s holdings, making the stock its 11th biggest holding. Opinicus Capital Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,419,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Apexium Financial LP grew its stake in Pacer US Cash Cows 100 ETF by 9.4% during the fourth quarter. Apexium Financial LP now owns 299,280 shares of the company’s stock worth $15,560,000 after buying an additional 25,612 shares during the period. PFG Investments LLC purchased a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter worth $232,000. Western Wealth Management LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 0.9% during the fourth quarter. Western Wealth Management LLC now owns 27,201 shares of the company’s stock worth $1,414,000 after purchasing an additional 243 shares in the last quarter. ODonnell Financial Services LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 79.2% in the fourth quarter. ODonnell Financial Services LLC now owns 631,849 shares of the company’s stock worth $32,850,000 after buying an additional 279,293 shares during the period. Finally, Kestra Private Wealth Services LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 12.1% in the fourth quarter. Kestra Private Wealth Services LLC now owns 254,158 shares of the company’s stock valued at $13,214,000 after buying an additional 27,456 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS:COWZ traded up $0.34 during mid-day trading on Friday, hitting $54.49. 1,721,772 shares of the company traded hands. The firm has a market capitalization of $22.42 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The stock’s 50-day moving average price is $55.11 and its 200 day moving average price is $54.23.

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.