World Equity Group Inc. Has $1.69 Million Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

World Equity Group Inc. lifted its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 118.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 29,990 shares of the company’s stock after buying an additional 16,261 shares during the quarter. World Equity Group Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $1,694,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of COWZ. Richardson Capital Management LLC increased its position in Pacer US Cash Cows 100 ETF by 10.6% during the third quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock worth $125,000 after acquiring an additional 207 shares during the period. Mutual Advisors LLC increased its holdings in Pacer US Cash Cows 100 ETF by 1.5% in the 4th quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock valued at $905,000 after buying an additional 229 shares during the period. Accel Wealth Management increased its holdings in Pacer US Cash Cows 100 ETF by 7.4% in the 4th quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock valued at $217,000 after buying an additional 264 shares during the period. MWA Asset Management increased its holdings in Pacer US Cash Cows 100 ETF by 2.8% in the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock valued at $573,000 after buying an additional 265 shares during the period. Finally, Kraematon Investment Advisors Inc. increased its holdings in Pacer US Cash Cows 100 ETF by 1.8% in the 4th quarter. Kraematon Investment Advisors Inc. now owns 15,779 shares of the company’s stock valued at $891,000 after buying an additional 280 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 0.8 %

COWZ stock opened at $57.87 on Friday. The company has a market cap of $23.81 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The firm has a 50 day moving average price of $57.76 and a 200-day moving average price of $57.78.

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.