Verition Fund Management LLC Purchases Shares of 4,128 Pacer US Cash Cows 100 ETF (BATS:COWZ)

Verition Fund Management LLC purchased a new stake in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 4,128 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. American Capital Advisory LLC bought a new stake in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter worth $26,000. GoalVest Advisory LLC bought a new position in shares of Pacer US Cash Cows 100 ETF during the 2nd quarter valued at about $29,000. Strategic Financial Concepts LLC raised its holdings in shares of Pacer US Cash Cows 100 ETF by 260.8% during the 2nd quarter. Strategic Financial Concepts LLC now owns 58,613 shares of the company’s stock valued at $32,000 after buying an additional 42,367 shares in the last quarter. Sunbelt Securities Inc. lifted its position in Pacer US Cash Cows 100 ETF by 137.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 692 shares of the company’s stock worth $38,000 after buying an additional 400 shares during the last quarter. Finally, Key Financial Inc purchased a new stake in Pacer US Cash Cows 100 ETF in the second quarter worth approximately $39,000.

Pacer US Cash Cows 100 ETF Price Performance

COWZ stock opened at $58.89 on Monday. The stock has a market capitalization of $24.23 billion, a P/E ratio of 8.66 and a beta of 0.79. The business’s 50 day simple moving average is $59.06 and its 200 day simple moving average is $56.95.

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.