Sovran Advisors LLC Takes $5.40 Million Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Sovran Advisors LLC purchased a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 94,053 shares of the company’s stock, valued at approximately $5,398,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 17.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after purchasing an additional 207 shares during the last quarter. Richardson Capital Management LLC grew 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 buying an additional 207 shares in the last quarter. Mutual Advisors LLC grew its position in Pacer US Cash Cows 100 ETF by 1.5% during the fourth quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock worth $905,000 after buying an additional 229 shares in the last quarter. Accel Wealth Management grew its position in Pacer US Cash Cows 100 ETF by 7.4% during the fourth quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock worth $217,000 after buying an additional 264 shares in the last quarter. Finally, MWA Asset Management grew its position in Pacer US Cash Cows 100 ETF by 2.8% during the third quarter. MWA Asset Management now owns 9,901 shares of the company’s stock worth $573,000 after buying an additional 265 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 0.4 %

COWZ stock opened at $57.62 on Tuesday. The firm has a market capitalization of $23.71 billion, a P/E ratio of 8.66 and a beta of 0.79. The business’s fifty day moving average price is $58.18 and its 200-day moving average price is $57.69.

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.