Avaii Wealth Management LLC Grows Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Avaii Wealth Management LLC increased its position in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 14.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 117,775 shares of the company’s stock after acquiring an additional 14,691 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 4.0% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. Avaii Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $6,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of COWZ. DAVENPORT & Co LLC lifted 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 worth $351,000 after purchasing an additional 2,102 shares during the period. Caprock Group LLC lifted its position in Pacer US Cash Cows 100 ETF by 5.3% during the third quarter. Caprock Group LLC now owns 4,674 shares of the company’s stock valued at $231,000 after purchasing an additional 234 shares in the last quarter. Lake Street Financial LLC increased its position in 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 worth $848,000 after buying an additional 740 shares in the last quarter. Lodestone Wealth Management LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 78.9% during the 3rd quarter. Lodestone Wealth Management LLC now owns 75,319 shares of the company’s stock valued at $3,515,000 after buying an additional 33,214 shares in the last quarter. Finally, Brookstone Capital Management grew its stake in shares of Pacer US Cash Cows 100 ETF by 1.7% during the 3rd quarter. Brookstone Capital Management now owns 34,811 shares of the company’s stock valued at $1,712,000 after acquiring an additional 582 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

BATS COWZ traded up $0.16 on Monday, reaching $55.55. 1,793,874 shares of the stock were exchanged. The firm has a market cap of $22.35 billion, a price-to-earnings ratio of 8.87 and a beta of 0.81. The firm’s 50 day moving average price is $55.75 and its 200-day moving average price is $52.44.

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.