Farmers & Merchants Investments Inc. Boosts Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Farmers & Merchants Investments Inc. boosted its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 851.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,075 shares of the company’s stock after purchasing an additional 962 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $61,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in COWZ. Blue Trust Inc. purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the third quarter worth about $45,000. Crews Bank & Trust bought a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter worth approximately $52,000. Investors Research Corp raised its holdings in shares of Pacer US Cash Cows 100 ETF by 498.8% during the 3rd quarter. Investors Research Corp now owns 1,006 shares of the company’s stock worth $58,000 after acquiring an additional 838 shares in the last quarter. Key Financial Inc boosted its position in shares of Pacer US Cash Cows 100 ETF by 56.7% during the 3rd quarter. Key Financial Inc now owns 1,133 shares of the company’s stock valued at $66,000 after acquiring an additional 410 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Pacer US Cash Cows 100 ETF by 17.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after purchasing an additional 207 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ opened at $57.18 on Friday. The company has a market capitalization of $23.52 billion, a PE ratio of 8.66 and a beta of 0.79. The stock has a fifty day simple moving average of $58.24 and a two-hundred day simple moving average of $57.68.

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.