OFC Financial Planning LLC Invests $1.79 Million in Pacer US Cash Cows 100 ETF (BATS:COWZ)

OFC Financial Planning LLC acquired a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,628 shares of the company’s stock, valued at approximately $1,786,000. Pacer US Cash Cows 100 ETF comprises 1.9% of OFC Financial Planning LLC’s portfolio, making the stock its 10th biggest holding.

Other institutional investors also recently bought and sold shares of the company. Verition Fund Management LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 3rd quarter valued at about $239,000. Brass Tax Wealth Management Inc. increased its stake in shares of Pacer US Cash Cows 100 ETF by 15.5% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 13,896 shares of the company’s stock worth $804,000 after purchasing an additional 1,870 shares in the last quarter. Private Client Services LLC raised its holdings in Pacer US Cash Cows 100 ETF by 4.5% in the 3rd quarter. Private Client Services LLC now owns 69,059 shares of the company’s stock worth $3,994,000 after purchasing an additional 2,976 shares during the period. HighTower Advisors LLC lifted its position in Pacer US Cash Cows 100 ETF by 4.1% during the third quarter. HighTower Advisors LLC now owns 1,799,981 shares of the company’s stock valued at $104,084,000 after purchasing an additional 70,617 shares in the last quarter. Finally, PFG Investments LLC grew its holdings in Pacer US Cash Cows 100 ETF by 34.6% during the fourth quarter. PFG Investments LLC now owns 8,316 shares of the company’s stock valued at $470,000 after purchasing an additional 2,139 shares during the period.

Pacer US Cash Cows 100 ETF Trading Up 1.1 %

COWZ stock opened at $58.04 on Friday. The company’s fifty day moving average is $58.54 and its 200-day moving average is $57.63. The stock has a market cap of $23.88 billion, a PE ratio of 8.66 and a beta of 0.79.

About Pacer US Cash Cows 100 ETF

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.