Maridea Wealth Management LLC Takes Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Maridea Wealth Management LLC bought a new position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) during the fourth quarter, Holdings Channel.com reports. The fund bought 24,442 shares of the company’s stock, valued at approximately $1,380,000.

Several other large investors have also recently bought and sold shares of COWZ. Raymond James Financial Inc. bought a new position in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth about $867,906,000. Janney Montgomery Scott LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the fourth quarter worth about $81,029,000. LPL Financial LLC increased its stake in Pacer US Cash Cows 100 ETF by 4.7% during the fourth quarter. LPL Financial LLC now owns 20,693,823 shares of the company’s stock valued at $1,168,787,000 after acquiring an additional 926,609 shares during the period. Mount Yale Investment Advisors LLC acquired a new position in Pacer US Cash Cows 100 ETF in the 4th quarter valued at approximately $30,897,000. Finally, Matauro LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 4th quarter worth approximately $22,557,000.

Pacer US Cash Cows 100 ETF Trading Down 5.3 %

COWZ opened at $54.33 on Friday. The stock’s 50 day simple moving average is $56.93 and its 200-day simple moving average is $57.72. The stock has a market cap of $23.63 billion, a PE ratio of 13.17 and a beta of 1.03. Pacer US Cash Cows 100 ETF has a 1 year low of $53.03 and a 1 year high of $61.92.

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.