Brookstone Capital Management Boosts Stock Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Brookstone Capital Management grew its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 28.8% during the second quarter, HoldingsChannel.com reports. The firm owned 60,920 shares of the company’s stock after acquiring an additional 13,628 shares during the quarter. Brookstone Capital Management’s holdings in Pacer US Cash Cows 100 ETF were worth $3,460,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in COWZ. Wells Fargo & Company MN increased its holdings in Pacer US Cash Cows 100 ETF by 9.5% during the 4th quarter. Wells Fargo & Company MN now owns 9,498,765 shares of the company’s stock worth $493,841,000 after purchasing an additional 822,076 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of Pacer US Cash Cows 100 ETF by 8.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 6,473,945 shares of the company’s stock worth $376,201,000 after buying an additional 530,383 shares in the last quarter. Raymond James & Associates increased its stake in shares of Pacer US Cash Cows 100 ETF by 20.8% during the first quarter. Raymond James & Associates now owns 6,383,907 shares of the company’s stock valued at $370,969,000 after buying an additional 1,099,029 shares during the period. UBS Group AG raised its holdings in shares of Pacer US Cash Cows 100 ETF by 12.6% in the fourth quarter. UBS Group AG now owns 6,339,263 shares of the company’s stock valued at $329,578,000 after acquiring an additional 709,324 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 21.7% in the first quarter. Commonwealth Equity Services LLC now owns 4,324,179 shares of the company’s stock valued at $251,278,000 after acquiring an additional 772,136 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Up 0.1 %

Pacer US Cash Cows 100 ETF stock traded up $0.04 during midday trading on Friday, hitting $55.96. 1,343,184 shares of the company’s stock were exchanged. The firm has a market cap of $23.02 billion, a P/E ratio of 8.66 and a beta of 0.79. The business’s 50 day moving average price is $55.12 and its 200-day moving average price is $55.09.

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.