Turning Point Benefit Group Inc. Takes $731,000 Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Turning Point Benefit Group Inc. acquired a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 12,950 shares of the company’s stock, valued at approximately $731,000. Pacer US Cash Cows 100 ETF comprises 0.7% of Turning Point Benefit Group Inc.’s holdings, making the stock its 20th largest position.

A number of other large investors have also made changes to their positions in COWZ. Winebrenner Capital Management LLC bought a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $353,000. Matauro LLC bought a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $22,557,000. PMG Wealth Management Inc. bought a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $5,359,000. VisionPoint Advisory Group LLC increased its stake in Pacer US Cash Cows 100 ETF by 7.4% in the fourth quarter. VisionPoint Advisory Group LLC now owns 8,943 shares of the company’s stock valued at $506,000 after acquiring an additional 617 shares during the period. Finally, Capital Advisory Group Advisory Services LLC increased its stake in Pacer US Cash Cows 100 ETF by 29.7% in the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 19,143 shares of the company’s stock valued at $1,081,000 after acquiring an additional 4,380 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

BATS COWZ opened at $57.87 on Friday. The company has a market capitalization of $23.81 billion, a PE ratio of 8.66 and a beta of 0.79. The company has a fifty day simple moving average of $57.76 and a 200-day simple moving average of $57.78.

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.