Pacer US Cash Cows 100 ETF (BATS:COWZ) Stock Position Lifted by Raymond James & Associates

Raymond James & Associates boosted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 20.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,383,907 shares of the company’s stock after buying an additional 1,099,029 shares during the quarter. Raymond James & Associates owned approximately 1.59% of Pacer US Cash Cows 100 ETF worth $370,969,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. National Bank of Canada FI raised its stake in shares of Pacer US Cash Cows 100 ETF by 7.3% during the 3rd quarter. National Bank of Canada FI now owns 12,485 shares of the company’s stock worth $608,000 after purchasing an additional 845 shares in the last quarter. DAVENPORT & Co LLC lifted its stake in Pacer US Cash Cows 100 ETF by 42.0% in the third quarter. DAVENPORT & Co LLC now owns 7,105 shares of the company’s stock valued at $351,000 after acquiring an additional 2,102 shares during the last quarter. Avior Wealth Management LLC lifted its stake in Pacer US Cash Cows 100 ETF by 61.1% in the third quarter. Avior Wealth Management LLC now owns 2,428 shares of the company’s stock valued at $120,000 after acquiring an additional 921 shares during the last quarter. Private Trust Co. NA grew its position in Pacer US Cash Cows 100 ETF by 13.0% in the third quarter. Private Trust Co. NA now owns 20,347 shares of the company’s stock worth $1,006,000 after acquiring an additional 2,345 shares in the last quarter. Finally, Strategic Blueprint LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 12.3% during the 3rd quarter. Strategic Blueprint LLC now owns 14,146 shares of the company’s stock valued at $699,000 after purchasing an additional 1,545 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ traded up $0.16 during trading hours on Friday, hitting $55.55. 1,793,874 shares of the company were exchanged. The company’s 50 day simple moving average is $55.70 and its 200 day simple moving average is $52.35. The company has a market capitalization of $22.35 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.