Fortress Wealth Group LLC Acquires 4,659 Shares of Pacer US Cash Cows 100 ETF (BATS:COWZ)

Fortress Wealth Group LLC grew its holdings in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 3.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 160,812 shares of the company’s stock after purchasing an additional 4,659 shares during the period. Pacer US Cash Cows 100 ETF comprises approximately 5.2% of Fortress Wealth Group LLC’s investment portfolio, making the stock its 5th biggest holding. Fortress Wealth Group LLC owned approximately 0.06% of Pacer US Cash Cows 100 ETF worth $8,229,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Moneta Group Investment Advisors LLC acquired a new position in Pacer US Cash Cows 100 ETF during the fourth quarter worth $1,438,988,000. LPL Financial LLC increased its holdings in Pacer US Cash Cows 100 ETF by 2.6% during the second quarter. LPL Financial LLC now owns 11,984,097 shares of the company’s stock worth $573,679,000 after buying an additional 308,475 shares during the last quarter. UBS Group AG increased its holdings 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 buying an additional 916,282 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Pacer US Cash Cows 100 ETF by 3.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 3,106,229 shares of the company’s stock worth $148,695,000 after buying an additional 102,464 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in Pacer US Cash Cows 100 ETF by 14.9% during the first quarter. Commonwealth Equity Services LLC now owns 2,521,659 shares of the company’s stock worth $118,391,000 after purchasing an additional 326,859 shares during the period.

Pacer US Cash Cows 100 ETF Price Performance

COWZ stock traded up $1.03 during midday trading on Wednesday, reaching $49.42. 2,492,258 shares of the company were exchanged. The stock’s 50 day simple moving average is $49.18 and its 200-day simple moving average is $48.50. The firm has a market capitalization of $13.83 billion, a price-to-earnings ratio of 7.11 and a beta of 1.09.

Pacer US Cash Cows 100 ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, September 27th. Stockholders of record on Friday, September 22nd were given a $0.3003 dividend. The ex-dividend date was Thursday, September 21st. This is a boost from Pacer US Cash Cows 100 ETF’s previous dividend of $0.19.

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.