Aviance Capital Partners LLC Sells 1,466 Shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Aviance Capital Partners LLC lowered its holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,047 shares of the company’s stock after selling 1,466 shares during the period. Aviance Capital Partners LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $980,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in GCOW. Raymond James Financial Inc. bought a new position in shares of Pacer Global Cash Cows Dividend ETF in the 4th quarter valued at about $55,916,000. Janney Montgomery Scott LLC grew its position in shares of Pacer Global Cash Cows Dividend ETF by 12.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 695,703 shares of the company’s stock valued at $23,473,000 after acquiring an additional 74,973 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Pacer Global Cash Cows Dividend ETF by 3,409.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 671,102 shares of the company’s stock valued at $22,643,000 after acquiring an additional 651,981 shares during the period. Stifel Financial Corp grew its position in shares of Pacer Global Cash Cows Dividend ETF by 4.1% in the 3rd quarter. Stifel Financial Corp now owns 402,936 shares of the company’s stock valued at $14,703,000 after acquiring an additional 15,911 shares during the period. Finally, Jones Financial Companies Lllp grew its position in shares of Pacer Global Cash Cows Dividend ETF by 56.8% in the 4th quarter. Jones Financial Companies Lllp now owns 317,013 shares of the company’s stock valued at $10,696,000 after acquiring an additional 114,796 shares during the period.

Pacer Global Cash Cows Dividend ETF Trading Up 10.9 %

BATS GCOW opened at $37.44 on Friday. The business’s 50-day moving average is $34.96 and its 200-day moving average is $35.31. The firm has a market cap of $2.11 billion, a PE ratio of 12.83 and a beta of 0.80.

Pacer Global Cash Cows Dividend ETF Profile

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.