Echo Wealth Management LLC Acquires 1,275 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Echo Wealth Management LLC grew its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 151,978 shares of the company’s stock after buying an additional 1,275 shares during the period. Pacer US Cash Cows 100 ETF accounts for about 5.9% of Echo Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. Echo Wealth Management LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $8,584,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Jacksonville Wealth Management LLC acquired a new stake in Pacer US Cash Cows 100 ETF during the 4th quarter valued at $582,000. Geneos Wealth Management Inc. lifted its stake in shares of Pacer US Cash Cows 100 ETF by 5.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 185,456 shares of the company’s stock worth $10,475,000 after buying an additional 9,186 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its stake in shares of Pacer US Cash Cows 100 ETF by 28.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 18,306 shares of the company’s stock worth $1,034,000 after buying an additional 4,076 shares during the last quarter. Accel Wealth Management boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 7.4% during the 4th quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock worth $217,000 after buying an additional 264 shares during the period. Finally, Fifth Third Bancorp grew its stake in Pacer US Cash Cows 100 ETF by 6.6% in the 4th quarter. Fifth Third Bancorp now owns 219,564 shares of the company’s stock valued at $12,401,000 after buying an additional 13,656 shares during the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ stock opened at $58.65 on Friday. The firm has a market capitalization of $24.13 billion, a P/E ratio of 8.66 and a beta of 0.79. The stock’s 50-day moving average is $58.59 and its 200 day moving average is $57.48.

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.