Fermata Advisors LLC Buys 22,081 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)
by Sarita Garza · The Markets DailyFermata Advisors LLC lifted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ – Free Report) by 15.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 166,439 shares of the company’s stock after purchasing an additional 22,081 shares during the quarter. Pacer US Cash Cows 100 ETF comprises about 1.8% of Fermata Advisors LLC’s holdings, making the stock its 12th biggest position. Fermata Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $9,400,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in COWZ. Sunbelt Securities Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF by 137.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock worth $38,000 after acquiring an additional 400 shares in the last quarter. Blue Trust Inc. purchased a new stake in Pacer US Cash Cows 100 ETF in the 3rd quarter valued at about $45,000. Investors Research Corp grew its stake in Pacer US Cash Cows 100 ETF by 498.8% in the third quarter. Investors Research Corp now owns 1,006 shares of the company’s stock worth $58,000 after purchasing an additional 838 shares in the last quarter. Key Financial Inc raised its holdings in shares of Pacer US Cash Cows 100 ETF by 56.7% in the third 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 valued at $79,000 after acquiring an additional 207 shares in the last quarter.
Pacer US Cash Cows 100 ETF Stock Performance
Shares of COWZ opened at $58.08 on Friday. The stock has a market cap of $23.90 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The firm’s 50 day simple moving average is $58.74 and its two-hundred day simple moving average is $57.28.
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.
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