Ocean Park Asset Management LLC Takes Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Ocean Park Asset Management LLC bought a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 8,155 shares of the company’s stock, valued at approximately $461,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in COWZ. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Pacer US Cash Cows 100 ETF by 17.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after purchasing an additional 207 shares during the last quarter. Richardson Capital Management LLC increased its holdings in Pacer US Cash Cows 100 ETF by 10.6% in the 3rd quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock worth $125,000 after buying an additional 207 shares during the period. Mutual Advisors LLC raised its position in Pacer US Cash Cows 100 ETF by 1.5% during the 4th quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock worth $905,000 after buying an additional 229 shares during the last quarter. Accel Wealth Management lifted its stake in Pacer US Cash Cows 100 ETF by 7.4% during the 4th quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock valued at $217,000 after acquiring an additional 264 shares during the period. Finally, MWA Asset Management boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 2.8% in the 3rd quarter. MWA Asset Management now owns 9,901 shares of the company’s stock valued at $573,000 after acquiring an additional 265 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

BATS:COWZ opened at $57.62 on Tuesday. The business has a fifty day simple moving average of $58.18 and a two-hundred day simple moving average of $57.69. The firm has a market capitalization of $23.71 billion, a price-to-earnings ratio of 8.66 and a beta of 0.79.

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.