Redhawk Wealth Advisors Inc. Has $388,000 Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Redhawk Wealth Advisors Inc. cut its holdings in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 7,080 shares of the company’s stock after selling 210 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $388,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of Pacer US Cash Cows 100 ETF in the 4th quarter worth approximately $867,906,000. Focus Partners Wealth lifted its position in shares of Pacer US Cash Cows 100 ETF by 1,026.4% in the 4th quarter. Focus Partners Wealth now owns 1,094,591 shares of the company’s stock worth $61,852,000 after purchasing an additional 997,412 shares during the period. LPL Financial LLC lifted its position in shares of Pacer US Cash Cows 100 ETF by 4.7% in the 4th quarter. LPL Financial LLC now owns 20,693,823 shares of the company’s stock worth $1,168,787,000 after purchasing an additional 926,609 shares during the period. Wells Fargo & Company MN lifted its position in shares of Pacer US Cash Cows 100 ETF by 5.7% in the 4th quarter. Wells Fargo & Company MN now owns 12,058,287 shares of the company’s stock worth $681,052,000 after purchasing an additional 652,842 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in shares of Pacer US Cash Cows 100 ETF by 7.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,591,340 shares of the company’s stock worth $428,759,000 after purchasing an additional 508,462 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of BATS COWZ opened at $55.10 on Thursday. The company has a market capitalization of $21.59 billion, a P/E ratio of 14.99 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 52-week low of $46.64 and a 52-week high of $61.92. The company’s 50 day moving average price is $52.35 and its 200-day moving average price is $55.68.

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.