Canvas Wealth Advisors LLC Makes New $1.03 Million Investment in Pacer US Cash Cows 100 ETF $COWZ

Canvas Wealth Advisors LLC bought a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 16,461 shares of the company’s stock, valued at approximately $1,030,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV increased its stake in shares of Pacer US Cash Cows 100 ETF by 1,256.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 889,839 shares of the company’s stock worth $51,139,000 after buying an additional 824,222 shares during the last quarter. Wilkerson Advisory Group LLC acquired a new stake in Pacer US Cash Cows 100 ETF in the fourth quarter valued at $31,538,000. Tableaux LLC boosted its stake in Pacer US Cash Cows 100 ETF by 238.1% during the 4th quarter. Tableaux LLC now owns 607,768 shares of the company’s stock valued at $36,569,000 after acquiring an additional 428,028 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Pacer US Cash Cows 100 ETF by 13,333,233.3% during the 4th quarter. BNP Paribas Financial Markets now owns 400,000 shares of the company’s stock valued at $24,068,000 after acquiring an additional 399,997 shares during the last quarter. Finally, Tcfg Wealth Management LLC grew its holdings in Pacer US Cash Cows 100 ETF by 2,851.3% during the 3rd quarter. Tcfg Wealth Management LLC now owns 386,323 shares of the company’s stock worth $22,202,000 after acquiring an additional 373,233 shares in the last quarter.

Pacer US Cash Cows 100 ETF Price Performance

Shares of COWZ stock opened at $63.71 on Tuesday. The firm has a fifty day moving average of $63.38 and a two-hundred day moving average of $62.81. The firm has a market cap of $24.04 billion, a P/E ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 1-year low of $54.82 and a 1-year high of $65.64.

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.