Focus Financial Network Inc. Acquires 6,017 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Focus Financial Network Inc. raised its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 13.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 49,862 shares of the company’s stock after purchasing an additional 6,017 shares during the quarter. Focus Financial Network Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,832,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Wells Fargo & Company MN raised its position in Pacer US Cash Cows 100 ETF by 9.5% in the 4th quarter. Wells Fargo & Company MN now owns 9,498,765 shares of the company’s stock valued at $493,841,000 after buying an additional 822,076 shares during the last quarter. Raymond James & Associates boosted its holdings in Pacer US Cash Cows 100 ETF by 5.5% during the second quarter. Raymond James & Associates now owns 6,732,234 shares of the company’s stock worth $366,839,000 after purchasing an additional 348,327 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Pacer US Cash Cows 100 ETF by 4.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,731,230 shares of the company’s stock valued at $366,785,000 after buying an additional 257,285 shares during the last quarter. UBS Group AG increased its stake in Pacer US Cash Cows 100 ETF by 12.6% in the 4th quarter. UBS Group AG now owns 6,339,263 shares of the company’s stock valued at $329,578,000 after buying an additional 709,324 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Pacer US Cash Cows 100 ETF by 21.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,324,179 shares of the company’s stock valued at $251,278,000 after buying an additional 772,136 shares during the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 0.9 %

BATS:COWZ traded down $0.51 on Wednesday, hitting $55.90. The stock had a trading volume of 1,404,639 shares. The firm has a market cap of $23.00 billion, a PE ratio of 8.66 and a beta of 0.79. The firm’s 50-day simple moving average is $55.17 and its two-hundred day simple moving average is $55.19.

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.