NTV Asset Management LLC Grows Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

NTV Asset Management LLC boosted its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 11.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,600 shares of the company’s stock after buying an additional 1,000 shares during the period. NTV Asset Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $85,260,000. Envestnet Asset Management Inc. lifted its holdings in Pacer US Cash Cows 100 ETF by 69.3% in the third quarter. Envestnet Asset Management Inc. now owns 3,276,874 shares of the company’s stock valued at $161,976,000 after acquiring an additional 1,341,873 shares during the period. LPL Financial LLC boosted its position in shares of Pacer US Cash Cows 100 ETF by 10.3% during the 3rd quarter. LPL Financial LLC now owns 13,217,124 shares of the company’s stock worth $653,322,000 after purchasing an additional 1,233,027 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 318.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 1,434,276 shares of the company’s stock worth $70,896,000 after purchasing an additional 1,091,376 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Pacer US Cash Cows 100 ETF by 33.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,225,357 shares of the company’s stock valued at $159,047,000 after purchasing an additional 804,685 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of BATS COWZ traded up $0.19 during midday trading on Friday, hitting $54.78. The company had a trading volume of 2,302,353 shares. The firm has a fifty day simple moving average of $55.94 and a 200-day simple moving average of $52.61. The firm has a market cap of $22.54 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

Pacer US Cash Cows 100 ETF 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.