LPL Financial LLC Increases Stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

LPL Financial LLC boosted its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,453,397 shares of the company’s stock after purchasing an additional 49,871 shares during the period. LPL Financial LLC owned approximately 4.37% of Pacer Global Cash Cows Dividend ETF worth $82,778,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. FMR LLC grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 51.1% during the third quarter. FMR LLC now owns 3,778 shares of the company’s stock valued at $138,000 after buying an additional 1,278 shares during the last quarter. Captrust Financial Advisors purchased a new stake in Pacer Global Cash Cows Dividend ETF during the 3rd quarter valued at about $219,000. Benjamin Edwards Inc. acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the third quarter valued at about $1,549,000. Hilltop Holdings Inc. acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF during the third quarter worth about $413,000. Finally, HighTower Advisors LLC lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 26.2% during the third quarter. HighTower Advisors LLC now owns 51,028 shares of the company’s stock worth $1,867,000 after purchasing an additional 10,595 shares during the period.

Pacer Global Cash Cows Dividend ETF Trading Up 10.2 %

Shares of BATS:GCOW opened at $37.23 on Wednesday. Pacer Global Cash Cows Dividend ETF has a twelve month low of $33.34 and a twelve month high of $37.71. The company’s 50 day moving average is $35.86 and its 200 day moving average is $35.42. The company has a market cap of $2.17 billion, a PE ratio of 13.67 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.