Copley Financial Group Inc. Raises Stake in Pacer US Cash Cows 100 ETF $COWZ

Copley Financial Group Inc. raised its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 206,366 shares of the company’s stock after buying an additional 17,572 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 7.7% of Copley Financial Group Inc.’s portfolio, making the stock its 2nd biggest holding. Copley Financial Group Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $12,417,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of COWZ. Axxcess Wealth Management LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 4.1% in the fourth quarter. Axxcess Wealth Management LLC now owns 990,986 shares of the company’s stock worth $59,628,000 after acquiring an additional 38,779 shares during the last quarter. Capital Asset Advisory Services LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 1.9% in the 4th quarter. Capital Asset Advisory Services LLC now owns 975,844 shares of the company’s stock valued at $60,083,000 after purchasing an additional 17,863 shares during the period. Sfmg LLC boosted its holdings in Pacer US Cash Cows 100 ETF by 2.9% in the 4th quarter. Sfmg LLC now owns 950,367 shares of the company’s stock valued at $57,184,000 after purchasing an additional 26,453 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Pacer US Cash Cows 100 ETF by 1,256.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock worth $51,139,000 after purchasing an additional 824,222 shares during the last quarter. Finally, Evensky & Katz LLC grew its position in Pacer US Cash Cows 100 ETF by 1.9% in the 4th quarter. Evensky & Katz LLC now owns 820,713 shares of the company’s stock worth $49,382,000 after purchasing an additional 15,597 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS:COWZ opened at $63.65 on Wednesday. The firm’s 50-day moving average is $63.37 and its 200-day moving average is $62.61. The company has a market cap of $24.02 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 52-week low of $54.13 and a 52-week high of $65.64.

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.