New ‘Cash Cows’ ETF Could Enhance Shareholder Value

Pacer ETFs rolled out a new exchange traded fund that screens for the highest free-cash-flow producing companies in the U.S. On Monday, the Pacer US Cash Cows 100 ETF (BATS: COWZ) began trading. COWZ has a 0.49% expense ratio. “The Pacer US Cash Cows strategy captures an innovative and relatively...