Argo Wealth Advisory LLC Takes $10.75 Million Position in Pacer US Cash Cows 100 ETF $COWZ

Argo Wealth Advisory LLC acquired a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 178,690 shares of the company’s stock, valued at approximately $10,752,000. Pacer US Cash Cows 100 ETF comprises approximately 6.4% of Argo Wealth Advisory LLC’s portfolio, making the stock its 3rd largest position.

A number of other large investors have also recently added to or reduced their stakes in COWZ. Compass Financial Services Inc boosted its stake in shares of Pacer US Cash Cows 100 ETF by 85.2% during the 3rd quarter. Compass Financial Services Inc now owns 463 shares of the company’s stock worth $27,000 after purchasing an additional 213 shares during the last quarter. Harbor Investment Advisory LLC purchased a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at approximately $29,000. Newbridge Financial Services Group Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 1,217.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 527 shares of the company’s stock valued at $29,000 after buying an additional 487 shares during the period. GAMMA Investing LLC purchased a new position in Pacer US Cash Cows 100 ETF in the third quarter valued at approximately $34,000. Finally, Larson Financial Group LLC raised its holdings in Pacer US Cash Cows 100 ETF by 50.2% in the third quarter. Larson Financial Group LLC now owns 604 shares of the company’s stock valued at $35,000 after buying an additional 202 shares during the period.

Pacer US Cash Cows 100 ETF Stock Up 0.8%

COWZ opened at $62.73 on Friday. The firm has a market capitalization of $23.67 billion, a P/E ratio of 14.17 and a beta of 0.95. The firm’s 50 day moving average is $63.12 and its 200-day moving average is $60.86. Pacer US Cash Cows 100 ETF has a 52-week low of $48.89 and a 52-week high of $64.97.

Pacer US Cash Cows 100 ETF 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.