Bleakley Financial Group LLC Buys New Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Bleakley Financial Group LLC bought a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 4,316 shares of the company’s stock, valued at approximately $224,000.

A number of other large investors also recently made changes to their positions in COWZ. Bank of New York Mellon Corp purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth $1,018,000. Bank of Montreal Can purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth $30,000. Moors & Cabot Inc. purchased a new position in shares of Pacer US Cash Cows 100 ETF during the 1st quarter worth $375,000. Baird Financial Group Inc. lifted its stake in shares of Pacer US Cash Cows 100 ETF by 4.5% during the 1st quarter. Baird Financial Group Inc. now owns 221,464 shares of the company’s stock worth $11,025,000 after purchasing an additional 9,585 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 23.4% during the 1st quarter. NewEdge Advisors LLC now owns 28,831 shares of the company’s stock worth $1,435,000 after purchasing an additional 5,474 shares during the period.

Pacer US Cash Cows 100 ETF Trading Down 1.0 %

Shares of Pacer US Cash Cows 100 ETF stock opened at $55.52 on Tuesday. The stock has a market cap of $22.34 billion, a price-to-earnings ratio of 8.87 and a beta of 0.81. The business’s fifty day simple moving average is $55.23 and its two-hundred day simple moving average is $52.03.

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.