Pacer US Cash Cows 100 ETF (COWZ)

The Pacer US Cash Cows 100 ETF (COWZ) is an exchange-traded fund that seeks to track the performance of the Pacer US Cash Cows 100 Index. This index uses a proprietary algorithm to select the top 100 companies in the Nasdaq US 500 Large Cap Index based on free cash flow yield.

The ETF's objective is to provide investors with exposure to large-cap US companies that have high free cash flow yield, which is a measure of a company's ability to generate cash after accounting for capital expenditures.

The fund's top holdings were Apple Inc., Microsoft Corporation, and Amazon.com Inc.

Investing in the COWZ ETF may appeal to investors who are seeking exposure to large-cap US companies with strong cash flow generation.