Pacer US Cash Cows 100 ETF (BATS:COWZ) Hits New 12-Month High – What’s Next?

Pacer US Cash Cows 100 ETF (BATS:COWZGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $68.62 and last traded at $68.23, with a volume of 95281 shares changing hands. The stock had previously closed at $68.17.

Pacer US Cash Cows 100 ETF Stock Performance

The company has a market capitalization of $25.72 billion, a price-to-earnings ratio of 14.17 and a beta of 0.95. The firm’s 50-day simple moving average is $64.20 and its 200-day simple moving average is $63.42.

Institutional Investors Weigh In On Pacer US Cash Cows 100 ETF

Hedge funds have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV increased its stake in Pacer US Cash Cows 100 ETF by 1,256.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock valued at $51,139,000 after acquiring an additional 824,222 shares during the period. Wilkerson Advisory Group LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF during the 4th quarter worth approximately $31,538,000. Tableaux LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 238.1% during the fourth quarter. Tableaux LLC now owns 607,768 shares of the company’s stock valued at $36,569,000 after purchasing an additional 428,028 shares during the period. BNP Paribas Financial Markets increased its position in shares of Pacer US Cash Cows 100 ETF by 13,333,233.3% during the fourth quarter. BNP Paribas Financial Markets now owns 400,000 shares of the company’s stock valued at $24,068,000 after purchasing an additional 399,997 shares during the period. Finally, Decker Wealth Management LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the first quarter valued at approximately $22,982,000.

About Pacer US Cash Cows 100 ETF

(Get Free Report)

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.

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