Pacer Advisors Inc. Lowers Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Pacer Advisors Inc. trimmed its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 2.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 518,174 shares of the company’s stock after selling 11,700 shares during the period. Pacer Advisors Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $18,908,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Strategic Financial Concepts LLC grew its position in shares of Pacer Global Cash Cows Dividend ETF by 663.2% during the second quarter. Strategic Financial Concepts LLC now owns 665,386 shares of the company’s stock valued at $224,000 after purchasing an additional 578,201 shares in the last quarter. Cetera Investment Advisers increased its stake in Pacer Global Cash Cows Dividend ETF by 1,133.7% in the 1st quarter. Cetera Investment Advisers now owns 422,881 shares of the company’s stock worth $14,674,000 after acquiring an additional 388,603 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 114.7% during the 1st quarter. Jane Street Group LLC now owns 650,409 shares of the company’s stock worth $22,569,000 after acquiring an additional 347,428 shares in the last quarter. Raymond James & Associates boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 61.5% during the 3rd quarter. Raymond James & Associates now owns 680,007 shares of the company’s stock valued at $24,813,000 after acquiring an additional 258,916 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 3.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,794,002 shares of the company’s stock valued at $127,934,000 after purchasing an additional 121,854 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of GCOW opened at $35.00 on Friday. The stock has a fifty day simple moving average of $35.73 and a two-hundred day simple moving average of $35.21. The company has a market capitalization of $1.96 billion, a PE ratio of 6.24 and a beta of 0.63.

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.