IFS Group LLC Buys New Holdings in Pacer US Cash Cows 100 ETF $COWZ

IFS Group LLC purchased a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 24,075 shares of the company’s stock, valued at approximately $1,506,000. Pacer US Cash Cows 100 ETF accounts for approximately 1.3% of IFS Group LLC’s holdings, making the stock its 21st biggest position.

A number of other institutional investors also recently bought and sold shares of COWZ. Sequoia Financial Advisors LLC boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 1.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 1,824,648 shares of the company’s stock valued at $114,150,000 after acquiring an additional 23,487 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 4.9% during the first quarter. Kestra Advisory Services LLC now owns 1,729,166 shares of the company’s stock worth $108,177,000 after purchasing an additional 80,307 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in Pacer US Cash Cows 100 ETF by 4.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 990,986 shares of the company’s stock valued at $59,628,000 after purchasing an additional 38,779 shares during the period. Sfmg LLC lifted its position in Pacer US Cash Cows 100 ETF by 2.9% during the fourth 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. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Pacer US Cash Cows 100 ETF by 0.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 898,123 shares of the company’s stock valued at $54,040,000 after purchasing an additional 8,284 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ opened at $67.86 on Thursday. The business’s 50-day moving average is $63.94 and its two-hundred day moving average is $63.27. The company has a market capitalization of $25.61 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a fifty-two week low of $54.82 and a fifty-two week high of $68.58.

About Pacer US Cash Cows 100 ETF

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.