Lighthouse Wealth Management Inc. Takes Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Lighthouse Wealth Management Inc. bought a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 192,491 shares of the company’s stock, valued at approximately $10,872,000. Pacer US Cash Cows 100 ETF makes up 10.0% of Lighthouse Wealth Management Inc.’s portfolio, making the stock its 4th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Pacer US Cash Cows 100 ETF by 17.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock valued at $79,000 after purchasing an additional 207 shares in the last quarter. Richardson Capital Management LLC boosted its position in Pacer US Cash Cows 100 ETF by 10.6% in the third quarter. Richardson Capital Management LLC now owns 2,156 shares of the company’s stock valued at $125,000 after buying an additional 207 shares in the last quarter. Mutual Advisors LLC grew its stake in Pacer US Cash Cows 100 ETF by 1.5% during the fourth quarter. Mutual Advisors LLC now owns 15,592 shares of the company’s stock worth $905,000 after buying an additional 229 shares during the last quarter. Accel Wealth Management increased its holdings in shares of Pacer US Cash Cows 100 ETF by 7.4% during the fourth quarter. Accel Wealth Management now owns 3,834 shares of the company’s stock worth $217,000 after buying an additional 264 shares in the last quarter. Finally, MWA Asset Management raised its stake in shares of Pacer US Cash Cows 100 ETF by 2.8% in the third quarter. MWA Asset Management now owns 9,901 shares of the company’s stock valued at $573,000 after acquiring an additional 265 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Up 2.2 %

Shares of COWZ opened at $58.65 on Monday. The stock has a 50 day simple moving average of $58.59 and a 200 day simple moving average of $57.48. The firm has a market cap of $24.13 billion, a P/E ratio of 8.66 and a beta of 0.79.

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.