Hollencrest Capital Management Has $28.84 Million Stock Holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Hollencrest Capital Management boosted its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 1.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 529,238 shares of the company’s stock after purchasing an additional 6,414 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for about 1.3% of Hollencrest Capital Management’s investment portfolio, making the stock its 20th biggest holding. Hollencrest Capital Management owned about 0.13% of Pacer US Cash Cows 100 ETF worth $28,838,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of COWZ. LPL Financial LLC increased its stake in Pacer US Cash Cows 100 ETF by 13.3% during the 2nd quarter. LPL Financial LLC now owns 18,634,558 shares of the company’s stock worth $1,015,397,000 after purchasing an additional 2,184,380 shares in the last quarter. Raymond James & Associates lifted its position in Pacer US Cash Cows 100 ETF by 5.5% in the 2nd quarter. Raymond James & Associates now owns 6,732,234 shares of the company’s stock valued at $366,839,000 after acquiring an additional 348,327 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in Pacer US Cash Cows 100 ETF by 4.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,731,230 shares of the company’s stock valued at $366,785,000 after acquiring an additional 257,285 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Pacer US Cash Cows 100 ETF by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,404,489 shares of the company’s stock worth $348,981,000 after purchasing an additional 1,281,810 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in Pacer US Cash Cows 100 ETF by 12.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 4,860,894 shares of the company’s stock worth $264,870,000 after purchasing an additional 536,715 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

COWZ opened at $57.87 on Friday. The firm has a market cap of $23.81 billion, a P/E ratio of 8.66 and a beta of 0.79. The firm has a 50-day moving average price of $56.12 and a 200-day moving average price of $55.71.

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.