Jones Financial Companies Lllp grew its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW – Free Report) by 56.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 317,013 shares of the company’s stock after buying an additional 114,796 shares during the quarter. Jones Financial Companies Lllp’s holdings in Pacer Global Cash Cows Dividend ETF were worth $10,696,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the business. SRS Capital Advisors Inc. acquired a new stake in Pacer Global Cash Cows Dividend ETF during the 4th quarter valued at $185,000. MMA Asset Management LLC bought a new stake in shares of Pacer Global Cash Cows Dividend ETF during the fourth quarter worth $886,000. Bank of New York Mellon Corp acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF in the fourth quarter valued at $387,000. IFP Advisors Inc raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 19.7% in the fourth quarter. IFP Advisors Inc now owns 72,026 shares of the company’s stock valued at $2,430,000 after buying an additional 11,875 shares during the last quarter. Finally, World Equity Group Inc. lifted its position in Pacer Global Cash Cows Dividend ETF by 100.0% during the 4th quarter. World Equity Group Inc. now owns 13,882 shares of the company’s stock worth $468,000 after buying an additional 6,941 shares in the last quarter.
Pacer Global Cash Cows Dividend ETF Trading Up 7.5 %
Shares of BATS:GCOW opened at $36.31 on Tuesday. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 12.83 and a beta of 0.80. The stock’s 50 day moving average is $34.74 and its 200-day moving average is $35.27.
About Pacer Global Cash Cows Dividend ETF
The Pacer Global Cash Cows Dividend ETF (GCOW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market large-cap stocks, selected by free cash flow yield and dividend yield, and weighted by aggregate dividends. GCOW was launched on Feb 23, 2016 and is managed by Pacer.
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Want to see what other hedge funds are holding GCOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer Global Cash Cows Dividend ETF (BATS:GCOW – Free Report).
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