J.W. Cole Advisors Inc. Has $12.13 Million Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

J.W. Cole Advisors Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 5.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 233,228 shares of the company’s stock after buying an additional 11,659 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 0.7% of J.W. Cole Advisors Inc.’s investment portfolio, making the stock its 21st largest holding. J.W. Cole Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $12,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in COWZ. Bank of New York Mellon Corp acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 1st quarter valued at $1,018,000. Bank of Montreal Can acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 1st quarter valued at $30,000. Moors & Cabot Inc. acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the 1st quarter valued at $375,000. Baird Financial Group Inc. boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 4.5% in the 1st quarter. Baird Financial Group Inc. now owns 221,464 shares of the company’s stock valued at $11,025,000 after purchasing an additional 9,585 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 23.4% in the 1st quarter. NewEdge Advisors LLC now owns 28,831 shares of the company’s stock valued at $1,435,000 after purchasing an additional 5,474 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 0.6 %

Shares of COWZ stock traded up $0.31 during trading hours on Friday, reaching $55.15. The company’s stock had a trading volume of 1,934,826 shares. The company’s fifty day moving average is $55.46 and its 200 day moving average is $52.15. The firm has a market capitalization of $22.19 billion, a P/E ratio of 8.87 and a beta of 0.81.

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.