Flagstar Advisors Inc. Boosts Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Flagstar Advisors Inc. grew its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 40.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 31,633 shares of the company’s stock after purchasing an additional 9,130 shares during the period. Flagstar Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $1,837,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in COWZ. Nwam LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 3rd quarter worth approximately $3,064,000. Meridian Wealth Management LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 18.6% during the third quarter. Meridian Wealth Management LLC now owns 227,782 shares of the company’s stock worth $13,173,000 after purchasing an additional 35,774 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 3.0% during the third quarter. Citigroup Inc. now owns 735,475 shares of the company’s stock valued at $42,533,000 after purchasing an additional 21,216 shares during the period. Raymond James Trust N.A. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 12.1% in the third quarter. Raymond James Trust N.A. now owns 95,270 shares of the company’s stock worth $5,509,000 after purchasing an additional 10,300 shares during the last quarter. Finally, Investors Research Corp grew its holdings in shares of 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 during the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 1.4 %

Shares of COWZ opened at $60.78 on Friday. The company has a market cap of $25.01 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79. The firm’s fifty day moving average is $58.11 and its 200-day moving average is $56.38.

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.