Raymond James Financial Services Advisors Inc. Has $376.20 Million Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Raymond James Financial Services Advisors Inc. raised its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 8.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,473,945 shares of the company’s stock after acquiring an additional 530,383 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $376,201,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of COWZ. DAVENPORT & Co LLC boosted its stake in shares of Pacer US Cash Cows 100 ETF by 42.0% in the 3rd quarter. DAVENPORT & Co LLC now owns 7,105 shares of the company’s stock valued at $351,000 after purchasing an additional 2,102 shares in the last quarter. Caprock Group LLC increased its stake in shares of Pacer US Cash Cows 100 ETF by 5.3% in the third quarter. Caprock Group LLC now owns 4,674 shares of the company’s stock valued at $231,000 after buying an additional 234 shares in the last quarter. SOL Capital Management CO bought a new position in shares of Pacer US Cash Cows 100 ETF in the third quarter valued at about $239,000. Lake Street Financial LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 4.5% in the third quarter. Lake Street Financial LLC now owns 17,008 shares of the company’s stock valued at $848,000 after buying an additional 740 shares during the last quarter. Finally, Echo Wealth Management LLC increased its position in Pacer US Cash Cows 100 ETF by 2.4% in the 3rd quarter. Echo Wealth Management LLC now owns 126,328 shares of the company’s stock valued at $6,244,000 after acquiring an additional 2,920 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 2.2 %

Shares of BATS COWZ traded down $1.25 during trading on Tuesday, reaching $54.83. The company had a trading volume of 2,281,909 shares. The business’s 50 day moving average is $55.82 and its 200 day moving average is $52.49. The stock has a market cap of $22.06 billion, a PE ratio of 8.87 and a beta of 0.81.

Pacer US Cash Cows 100 ETF 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.