Copley Financial Group Inc. Takes $6.11 Million Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Copley Financial Group Inc. bought a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 105,666 shares of the company’s stock, valued at approximately $6,111,000. Pacer US Cash Cows 100 ETF accounts for about 5.6% of Copley Financial Group Inc.’s holdings, making the stock its 4th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Synovus Financial Corp raised its stake in shares of Pacer US Cash Cows 100 ETF by 213.7% during the third quarter. Synovus Financial Corp now owns 525,452 shares of the company’s stock valued at $30,387,000 after acquiring an additional 357,941 shares during the last quarter. Sfmg LLC increased its holdings in Pacer US Cash Cows 100 ETF by 1.4% during the 3rd quarter. Sfmg LLC now owns 846,228 shares of the company’s stock valued at $48,937,000 after purchasing an additional 11,977 shares during the period. World Investment Advisors LLC raised its position in Pacer US Cash Cows 100 ETF by 2.7% during the 3rd quarter. World Investment Advisors LLC now owns 160,023 shares of the company’s stock valued at $9,254,000 after purchasing an additional 4,163 shares during the last quarter. Continuum Advisory LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 96.6% in the 3rd quarter. Continuum Advisory LLC now owns 11,617 shares of the company’s stock worth $692,000 after buying an additional 5,708 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Pacer US Cash Cows 100 ETF in the 3rd quarter worth approximately $3,508,000.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock traded down $0.47 during midday trading on Friday, reaching $59.32. 1,186,680 shares of the company’s stock traded hands. The company’s 50 day moving average is $59.04 and its 200 day moving average is $56.89. The company has a market capitalization of $24.41 billion, a P/E 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.