SPC Financial Inc. Raises Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

SPC Financial Inc. raised its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 194,914 shares of the company’s stock after buying an additional 3,773 shares during the quarter. Pacer US Cash Cows 100 ETF comprises about 1.0% of SPC Financial Inc.’s portfolio, making the stock its 28th biggest holding. SPC Financial Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $11,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. American Capital Advisory LLC purchased a new position in shares of Pacer US Cash Cows 100 ETF in the 2nd quarter valued at $26,000. GoalVest Advisory LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at about $29,000. Central Bank & Trust Co. purchased a new position in shares of Pacer US Cash Cows 100 ETF during the second quarter worth about $31,000. Strategic Financial Concepts LLC increased its position in Pacer US Cash Cows 100 ETF by 260.8% in the 2nd quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock valued at $32,000 after acquiring an additional 42,367 shares during the period. Finally, Sunbelt Securities Inc. lifted its position in Pacer US Cash Cows 100 ETF by 137.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock worth $38,000 after acquiring an additional 400 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

Shares of Pacer US Cash Cows 100 ETF stock opened at $58.50 on Thursday. The stock’s 50 day moving average price is $56.88 and its two-hundred day moving average price is $55.94. The stock has a market cap of $24.07 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.