American Financial & Tax Strategies Inc. lifted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 9.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 89,709 shares of the company’s stock after purchasing an additional 8,055 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 2.6% of American Financial & Tax Strategies Inc.’s investment portfolio, making the stock its 9th largest holding. American Financial & Tax Strategies Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $4,888,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of COWZ. Rocky Mountain Advisers LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the first quarter worth approximately $26,000. American Capital Advisory LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the second quarter worth $26,000. GoalVest Advisory LLC purchased a new position in Pacer US Cash Cows 100 ETF in the second quarter valued at about $29,000. Central Bank & Trust Co. purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter worth about $31,000. Finally, Tidemark LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 4th quarter valued at approximately $33,000.
Pacer US Cash Cows 100 ETF Price Performance
COWZ stock opened at $56.40 on Friday. The business has a 50 day simple moving average of $55.92 and a 200 day simple moving average of $55.64. The company has a market capitalization of $23.20 billion, a P/E ratio of 8.66 and a beta of 0.79.
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.
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