Alchemi Wealth LLC Makes New Investment in Pacer US Cash Cows 100 ETF $COWZ

Alchemi Wealth LLC purchased a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 16,721 shares of the company’s stock, valued at approximately $1,006,000.

Several other hedge funds have also recently bought and sold shares of the stock. L & S Advisors Inc raised its holdings in Pacer US Cash Cows 100 ETF by 2.8% during the 4th quarter. L & S Advisors Inc now owns 6,110 shares of the company’s stock worth $368,000 after buying an additional 169 shares during the period. Hofer & Associates. Inc raised its holdings in Pacer US Cash Cows 100 ETF by 1.7% during the 4th quarter. Hofer & Associates. Inc now owns 10,474 shares of the company’s stock worth $630,000 after buying an additional 171 shares during the period. Newbridge Financial Services Group Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 24.6% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 880 shares of the company’s stock worth $53,000 after buying an additional 174 shares during the period. Assetmark Inc. raised its holdings in Pacer US Cash Cows 100 ETF by 5.3% during the 3rd quarter. Assetmark Inc. now owns 3,455 shares of the company’s stock worth $199,000 after buying an additional 175 shares during the period. Finally, Capital Investment Advisory Services LLC raised its holdings in Pacer US Cash Cows 100 ETF by 0.4% during the 4th quarter. Capital Investment Advisory Services LLC now owns 44,019 shares of the company’s stock worth $2,649,000 after buying an additional 177 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of COWZ stock opened at $64.03 on Friday. The company has a market capitalization of $24.16 billion, a P/E ratio of 14.17 and a beta of 0.95. The company’s 50 day moving average price is $63.32 and its two-hundred day moving average price is $62.51. Pacer US Cash Cows 100 ETF has a 52 week low of $54.13 and a 52 week high of $65.64.

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.