Pinnacle Wealth Management Group Inc. Purchases 3,121 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Pinnacle Wealth Management Group Inc. grew its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,119 shares of the company’s stock after purchasing an additional 3,121 shares during the period. Pacer US Cash Cows 100 ETF makes up approximately 2.6% of Pinnacle Wealth Management Group Inc.’s investment portfolio, making the stock its 14th largest holding. Pinnacle Wealth Management Group Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $4,186,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Perissos Private Wealth Management LLC raised its position in Pacer US Cash Cows 100 ETF by 3.4% during the second quarter. Perissos Private Wealth Management LLC now owns 97,812 shares of the company’s stock worth $5,330,000 after acquiring an additional 3,184 shares in the last quarter. WealthPLAN Partners LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 0.7% in the 2nd quarter. WealthPLAN Partners LLC now owns 322,660 shares of the company’s stock valued at $17,582,000 after purchasing an additional 2,218 shares during the period. Moors & Cabot Inc. lifted its stake in Pacer US Cash Cows 100 ETF by 8.9% in the 2nd quarter. Moors & Cabot Inc. now owns 111,608 shares of the company’s stock valued at $6,082,000 after purchasing an additional 9,142 shares during the last quarter. Plancorp LLC bought a new position in Pacer US Cash Cows 100 ETF during the second quarter worth about $223,000. Finally, Perennial Investment Advisors LLC increased its position in Pacer US Cash Cows 100 ETF by 9.4% during the second quarter. Perennial Investment Advisors LLC now owns 108,155 shares of the company’s stock worth $5,893,000 after buying an additional 9,278 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $56.96 on Tuesday. The company has a market capitalization of $23.44 billion, a PE ratio of 8.66 and a beta of 0.79. The stock’s 50 day moving average is $58.75 and its two-hundred day moving average is $57.21.

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.