Envestnet Portfolio Solutions Inc. Has $12.04 Million Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Envestnet Portfolio Solutions Inc. grew its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 13.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 220,940 shares of the company’s stock after buying an additional 26,424 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $12,039,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in COWZ. Apexium Financial LP increased its holdings in Pacer US Cash Cows 100 ETF by 9.4% during the 4th quarter. Apexium Financial LP now owns 299,280 shares of the company’s stock worth $15,560,000 after purchasing an additional 25,612 shares in the last quarter. Western Wealth Management LLC increased its holdings in Pacer US Cash Cows 100 ETF by 0.9% during the 4th 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 increased its holdings in Pacer US Cash Cows 100 ETF by 79.2% during the 4th quarter. ODonnell Financial Services LLC now owns 631,849 shares of the company’s stock worth $32,850,000 after purchasing an additional 279,293 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in Pacer US Cash Cows 100 ETF by 12.1% during the 4th quarter. Kestra Private Wealth Services LLC now owns 254,158 shares of the company’s stock worth $13,214,000 after purchasing an additional 27,456 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in Pacer US Cash Cows 100 ETF by 1.4% during the 4th quarter. Main Street Financial Solutions LLC now owns 92,907 shares of the company’s stock worth $4,830,000 after purchasing an additional 1,251 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock traded down $0.26 during trading hours on Thursday, reaching $54.94. 1,900,149 shares of the stock were exchanged. The firm’s 50 day simple moving average is $55.07 and its 200-day simple moving average is $55.05. The company has a market cap of $22.61 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.