Pacer US Cash Cows 100 ETF (BATS:COWZ) Hits New 12-Month High – Time to Buy?

Pacer US Cash Cows 100 ETF (BATS:COWZGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $66.01 and last traded at $65.95, with a volume of 295400 shares changing hands. The stock had previously closed at $64.89.

Pacer US Cash Cows 100 ETF Stock Performance

The firm has a market capitalization of $24.92 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The firm’s 50 day simple moving average is $63.73 and its 200 day simple moving average is $63.15.

Hedge Funds Weigh In On Pacer US Cash Cows 100 ETF

A number of hedge funds have recently bought and sold shares of COWZ. First Trust Advisors LP acquired a new stake in Pacer US Cash Cows 100 ETF in the 2nd quarter valued at $268,000. Qube Research & Technologies Ltd raised its position in Pacer US Cash Cows 100 ETF by 8.4% during the second quarter. Qube Research & Technologies Ltd now owns 114,231 shares of the company’s stock worth $6,294,000 after acquiring an additional 8,807 shares during the period. NCM Capital Management LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 2.4% during the second quarter. NCM Capital Management LLC now owns 41,532 shares of the company’s stock valued at $2,291,000 after purchasing an additional 954 shares in the last quarter. Ausdal Financial Partners Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 8.1% in the second quarter. Ausdal Financial Partners Inc. now owns 302,611 shares of the company’s stock valued at $16,674,000 after purchasing an additional 22,578 shares during the period. Finally, Benjamin Edwards Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 1.1% in the second quarter. Benjamin Edwards Inc. now owns 69,713 shares of the company’s stock valued at $3,841,000 after purchasing an additional 792 shares during the period.

About Pacer US Cash Cows 100 ETF

(Get Free Report)

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.

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