Financial Advocates Investment Management decreased its position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW – Free Report) by 55.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,285 shares of the company’s stock after selling 32,749 shares during the period. Financial Advocates Investment Management’s holdings in Pacer Global Cash Cows Dividend ETF were worth $887,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. CENTRAL TRUST Co bought a new position in shares of Pacer Global Cash Cows Dividend ETF in the third quarter worth about $29,000. Assetmark Inc. bought a new position in Pacer Global Cash Cows Dividend ETF in the 3rd quarter worth approximately $35,000. Valley National Advisers Inc. increased its position in Pacer Global Cash Cows Dividend ETF by 242.7% in the 3rd quarter. Valley National Advisers Inc. now owns 2,087 shares of the company’s stock worth $75,000 after buying an additional 1,478 shares during the period. Eastern Bank bought a new stake in shares of Pacer Global Cash Cows Dividend ETF in the third quarter valued at approximately $105,000. Finally, FMR LLC grew its stake in shares of Pacer Global Cash Cows Dividend ETF by 51.1% in the third quarter. FMR LLC now owns 3,778 shares of the company’s stock worth $138,000 after acquiring an additional 1,278 shares during the last quarter.
Pacer Global Cash Cows Dividend ETF Price Performance
Shares of GCOW stock opened at $35.05 on Friday. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 6.24 and a beta of 0.63. The business’s 50-day moving average is $34.37 and its two-hundred day moving average is $35.13.
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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