Kestra Investment Management LLC Invests $41,000 in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Kestra Investment Management LLC acquired a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 734 shares of the company’s stock, valued at approximately $41,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 6.1% in the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock worth $1,143,138,000 after purchasing an additional 1,132,656 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Pacer US Cash Cows 100 ETF by 6.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,888,102 shares of the company’s stock valued at $109,189,000 after buying an additional 111,670 shares during the period. Stifel Financial Corp increased its holdings in Pacer US Cash Cows 100 ETF by 10.2% in the 3rd quarter. Stifel Financial Corp now owns 1,867,702 shares of the company’s stock valued at $108,009,000 after buying an additional 172,652 shares during the period. HighTower Advisors LLC increased its holdings in Pacer US Cash Cows 100 ETF by 4.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock valued at $104,084,000 after buying an additional 70,617 shares during the period. Finally, Carlson Capital Management increased its holdings in Pacer US Cash Cows 100 ETF by 5.8% in the 3rd quarter. Carlson Capital Management now owns 1,731,824 shares of the company’s stock valued at $100,151,000 after buying an additional 94,434 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS:COWZ opened at $57.87 on Friday. The company has a 50-day moving average price of $57.76 and a 200 day moving average price of $57.78. The company has a market capitalization of $23.81 billion, a PE ratio of 8.66 and a beta of 0.79.

Pacer US Cash Cows 100 ETF 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.