Proactive Wealth Strategies LLC Has $2.64 Million Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Proactive Wealth Strategies LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 46,689 shares of the company’s stock after buying an additional 4,213 shares during the period. Pacer US Cash Cows 100 ETF accounts for approximately 1.4% of Proactive Wealth Strategies LLC’s holdings, making the stock its 23rd largest position. Proactive Wealth Strategies LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $2,637,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of COWZ. DecisionPoint Financial LLC acquired a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $26,000. Human Investing LLC acquired a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $27,000. Kestra Investment Management LLC acquired a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $41,000. Blue Trust Inc. acquired a new stake in Pacer US Cash Cows 100 ETF in the third quarter worth $45,000. Finally, Crews Bank & Trust acquired a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter worth $52,000.

Pacer US Cash Cows 100 ETF Trading Up 1.4 %

COWZ opened at $58.17 on Tuesday. The stock has a fifty day moving average price of $57.88 and a two-hundred day moving average price of $57.74. The firm has a market capitalization of $23.93 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.