Coastline Trust Co Has $2.21 Million Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Coastline Trust Co boosted its stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 6.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,261 shares of the company’s stock after acquiring an additional 2,344 shares during the quarter. Coastline Trust Co’s holdings in Pacer US Cash Cows 100 ETF were worth $2,213,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Endowment Wealth Management Inc. boosted its holdings in shares of Pacer US Cash Cows 100 ETF by 13.1% in the 3rd quarter. Endowment Wealth Management Inc. now owns 31,414 shares of the company’s stock worth $1,817,000 after acquiring an additional 3,641 shares in the last quarter. Summit Asset Management LLC raised its position in Pacer US Cash Cows 100 ETF by 2.8% in the 3rd quarter. Summit Asset Management LLC now owns 12,860 shares of the company’s stock valued at $744,000 after purchasing an additional 345 shares during the last quarter. Fortis Capital Management LLC boosted its stake in Pacer US Cash Cows 100 ETF by 48.3% in the third quarter. Fortis Capital Management LLC now owns 44,445 shares of the company’s stock worth $2,570,000 after purchasing an additional 14,485 shares in the last quarter. Cornerstone Planning Group LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the third quarter worth $10,034,000. Finally, Pinnacle Financial Partners Inc increased its stake in shares of Pacer US Cash Cows 100 ETF by 56.8% in the third quarter. Pinnacle Financial Partners Inc now owns 91,498 shares of the company’s stock valued at $5,291,000 after buying an additional 33,141 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Pacer US Cash Cows 100 ETF stock opened at $58.89 on Friday. The firm has a 50-day simple moving average of $57.79 and a 200-day simple moving average of $56.25. The company has a market capitalization of $24.23 billion, a PE 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.