Pacer US Cash Cows 100 ETF (BATS:COWZ) is Benchmark Financial Wealth Advisors LLC’s 5th Largest Position

Benchmark Financial Wealth Advisors LLC grew its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 9.9% during the fourth quarter, HoldingsChannel reports. The firm owned 270,173 shares of the company’s stock after acquiring an additional 24,307 shares during the period. Pacer US Cash Cows 100 ETF comprises about 4.9% of Benchmark Financial Wealth Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Benchmark Financial Wealth Advisors LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $15,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in COWZ. LPL Financial LLC raised its stake in Pacer US Cash Cows 100 ETF by 6.1% during the third quarter. LPL Financial LLC now owns 19,767,214 shares of the company’s stock worth $1,143,138,000 after purchasing an additional 1,132,656 shares during the period. Raymond James & Associates increased its holdings in shares of Pacer US Cash Cows 100 ETF by 7.5% during the 3rd quarter. Raymond James & Associates now owns 7,235,912 shares of the company’s stock worth $418,453,000 after buying an additional 503,678 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of Pacer US Cash Cows 100 ETF by 8.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,261,767 shares of the company’s stock valued at $304,288,000 after buying an additional 400,873 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Pacer US Cash Cows 100 ETF by 6.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,888,102 shares of the company’s stock valued at $109,189,000 after acquiring an additional 111,670 shares during the last quarter. Finally, Stifel Financial Corp grew its position in Pacer US Cash Cows 100 ETF by 10.2% in the third quarter. Stifel Financial Corp now owns 1,867,702 shares of the company’s stock worth $108,009,000 after acquiring an additional 172,652 shares during the period.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock opened at $58.14 on Thursday. The firm has a market capitalization of $23.92 billion, a PE ratio of 8.66 and a beta of 0.79. The stock’s 50-day simple moving average is $58.38 and its two-hundred day simple moving average is $57.66.

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.