Nvest Financial LLC Has $3.16 Million Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Nvest Financial LLC increased its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 55,990 shares of the company’s stock after buying an additional 1,882 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for approximately 1.6% of Nvest Financial LLC’s holdings, making the stock its 19th largest holding. Nvest Financial LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $3,162,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. raised its stake in shares of Pacer US Cash Cows 100 ETF by 137.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock valued at $38,000 after purchasing an additional 400 shares during the period. Blue Trust Inc. bought a new position in shares of Pacer US Cash Cows 100 ETF during the third quarter worth about $45,000. Investors Research Corp raised its position in Pacer US Cash Cows 100 ETF by 498.8% in the 3rd quarter. Investors Research Corp now owns 1,006 shares of the company’s stock valued at $58,000 after buying an additional 838 shares during the last quarter. Key Financial Inc lifted its stake in Pacer US Cash Cows 100 ETF by 56.7% in the 3rd quarter. Key Financial Inc now owns 1,133 shares of the company’s stock valued at $66,000 after acquiring an additional 410 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in Pacer US Cash Cows 100 ETF by 17.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after acquiring an additional 207 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 2.2 %

Shares of COWZ opened at $58.63 on Wednesday. The company has a market cap of $24.12 billion, a PE ratio of 8.66 and a beta of 0.79. The business’s fifty day simple moving average is $58.57 and its 200 day simple moving average is $57.55.

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.