Renaissance Technologies LLC Buys Shares of 10,600 Pacer US Cash Cows 100 ETF $COWZ

Renaissance Technologies LLC bought a new position in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the 1st quarter, Holdings Channel reports. The firm bought 10,600 shares of the company’s stock, valued at approximately $663,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Koshinski Asset Management Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 2.3% during the first quarter. Koshinski Asset Management Inc. now owns 7,249 shares of the company’s stock valued at $453,000 after buying an additional 163 shares during the period. L & S Advisors Inc lifted its stake in Pacer US Cash Cows 100 ETF by 2.8% in the fourth quarter. L & S Advisors Inc now owns 6,110 shares of the company’s stock worth $368,000 after acquiring an additional 169 shares during the period. Newbridge Financial Services Group Inc. lifted its stake in Pacer US Cash Cows 100 ETF by 34.0% in the third quarter. Newbridge Financial Services Group Inc. now owns 706 shares of the company’s stock worth $41,000 after acquiring an additional 179 shares during the period. ARQ Wealth Advisors LLC grew its holdings in Pacer US Cash Cows 100 ETF by 0.3% during the 4th quarter. ARQ Wealth Advisors LLC now owns 60,340 shares of the company’s stock worth $3,631,000 after acquiring an additional 186 shares in the last quarter. Finally, Pacific Sun Financial Corp grew its holdings in Pacer US Cash Cows 100 ETF by 5.6% during the 4th quarter. Pacific Sun Financial Corp now owns 3,744 shares of the company’s stock worth $227,000 after acquiring an additional 200 shares in the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

BATS COWZ opened at $70.69 on Monday. The company has a market capitalization of $26.68 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The company’s 50-day simple moving average is $64.99 and its two-hundred day simple moving average is $63.86. Pacer US Cash Cows 100 ETF has a one year low of $55.62 and a one year high of $71.05.

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.