NCM Capital Management LLC Boosts Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

NCM Capital Management LLC raised its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,514 shares of the company’s stock after buying an additional 351 shares during the quarter. Pacer US Cash Cows 100 ETF comprises approximately 1.1% of NCM Capital Management LLC’s holdings, making the stock its 17th largest position. NCM Capital Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,227,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Client Services LLC grew its holdings in Pacer US Cash Cows 100 ETF by 4.5% during the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock valued at $3,994,000 after buying an additional 2,976 shares in the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF by 8.6% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 25,613 shares of the company’s stock worth $1,395,000 after buying an additional 2,030 shares during the last quarter. Goldstein Advisors LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF by 2.7% in the 2nd quarter. Goldstein Advisors LLC now owns 493,668 shares of the company’s stock worth $26,900,000 after buying an additional 12,905 shares during the last quarter. SPC Financial Inc. increased its stake in Pacer US Cash Cows 100 ETF by 4.8% during the second quarter. SPC Financial Inc. now owns 191,141 shares of the company’s stock worth $10,415,000 after acquiring an additional 8,839 shares during the last quarter. Finally, Sachetta LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 22.4% during the 2nd quarter. Sachetta LLC now owns 7,100 shares of the company’s stock valued at $410,000 after purchasing an additional 1,300 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $60.84 on Friday. The stock has a market cap of $25.03 billion, a PE ratio of 8.66 and a beta of 0.79. The business’s 50 day moving average price is $58.49 and its 200-day moving average price is $56.56.

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.