Maridea Wealth Management LLC Buys New Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Maridea Wealth Management LLC purchased a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 24,442 shares of the company’s stock, valued at approximately $1,380,000.

Several other hedge funds also recently added to or reduced their stakes in COWZ. Level Four Advisory Services LLC grew its stake in shares of Pacer US Cash Cows 100 ETF by 0.9% in the fourth quarter. Level Four Advisory Services LLC now owns 210,831 shares of the company’s stock valued at $11,908,000 after buying an additional 1,971 shares in the last quarter. Blair William & Co. IL boosted its holdings in Pacer US Cash Cows 100 ETF by 17.5% in the 4th quarter. Blair William & Co. IL now owns 131,984 shares of the company’s stock worth $7,454,000 after acquiring an additional 19,658 shares during the period. Ausdal Financial Partners Inc. grew its position in Pacer US Cash Cows 100 ETF by 232.0% in the fourth quarter. Ausdal Financial Partners Inc. now owns 226,506 shares of the company’s stock valued at $12,793,000 after acquiring an additional 158,290 shares in the last quarter. Financial Engines Advisors L.L.C. purchased a new stake in shares of Pacer US Cash Cows 100 ETF during the fourth quarter valued at approximately $509,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of Pacer US Cash Cows 100 ETF during the fourth quarter worth $125,000.

Pacer US Cash Cows 100 ETF Trading Down 5.3 %

COWZ opened at $54.33 on Friday. Pacer US Cash Cows 100 ETF has a twelve month low of $53.03 and a twelve month high of $61.92. The firm has a market cap of $23.63 billion, a price-to-earnings ratio of 13.17 and a beta of 1.03. The company has a fifty day simple moving average of $56.93 and a 200 day simple moving average of $57.72.

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.