McAlister Sweet & Associates Inc. Invests $5.78 Million in Pacer US Cash Cows 100 ETF (BATS:COWZ)

McAlister Sweet & Associates Inc. acquired a new stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 120,801 shares of the company’s stock, valued at approximately $5,783,000. Pacer US Cash Cows 100 ETF accounts for about 5.0% of McAlister Sweet & Associates Inc.’s investment portfolio, making the stock its 5th largest holding.

A number of other institutional investors also recently added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC purchased a new position in Pacer US Cash Cows 100 ETF in the fourth quarter valued at about $1,438,988,000. LPL Financial LLC raised its holdings in Pacer US Cash Cows 100 ETF by 12.9% during the first quarter. LPL Financial LLC now owns 11,675,622 shares of the company’s stock worth $548,170,000 after purchasing an additional 1,329,754 shares during the last quarter. UBS Group AG boosted its position in Pacer US Cash Cows 100 ETF by 17.3% during the first quarter. UBS Group AG now owns 6,201,712 shares of the company’s stock worth $291,170,000 after purchasing an additional 916,282 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in Pacer US Cash Cows 100 ETF by 18.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 3,003,765 shares of the company’s stock valued at $141,027,000 after purchasing an additional 464,651 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of Pacer US Cash Cows 100 ETF by 14.9% in the first quarter. Commonwealth Equity Services LLC now owns 2,521,659 shares of the company’s stock valued at $118,391,000 after buying an additional 326,859 shares in the last quarter.

Pacer US Cash Cows 100 ETF Trading Down 0.8 %

Shares of COWZ stock traded down $0.39 during trading hours on Thursday, hitting $50.69. The company’s stock had a trading volume of 1,892,278 shares. The stock has a fifty day moving average of $50.31 and a two-hundred day moving average of $47.81. The firm has a market capitalization of $14.18 billion, a PE ratio of 7.11 and a beta of 1.09.

Pacer US Cash Cows 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 28th. Investors of record on Friday, June 23rd were paid a dividend of $0.1911 per share. The ex-dividend date was Thursday, June 22nd.

Pacer US Cash Cows 100 ETF Company 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.