TRUE Private Wealth Advisors Reduces Stock Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

TRUE Private Wealth Advisors cut its holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 13.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,679 shares of the company’s stock after selling 2,357 shares during the period. TRUE Private Wealth Advisors’ holdings in Pacer Global Cash Cows Dividend ETF were worth $537,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Geneos Wealth Management Inc. raised its holdings in Pacer Global Cash Cows Dividend ETF by 15.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 19,706 shares of the company’s stock valued at $675,000 after buying an additional 2,576 shares during the period. Investment Partners Asset Management Inc. bought a new stake in shares of Pacer Global Cash Cows Dividend ETF in the 4th quarter worth about $1,256,000. Stratos Wealth Partners LTD. boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 34.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 124,047 shares of the company’s stock worth $4,251,000 after purchasing an additional 31,556 shares during the period. Stratos Wealth Advisors LLC grew its holdings in Pacer Global Cash Cows Dividend ETF by 23.2% during the 4th quarter. Stratos Wealth Advisors LLC now owns 34,269 shares of the company’s stock valued at $1,174,000 after purchasing an additional 6,461 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF in the 4th quarter worth about $377,000.

Pacer Global Cash Cows Dividend ETF Stock Up 0.3 %

Shares of BATS:GCOW opened at $33.64 on Thursday. The company’s 50-day simple moving average is $34.16 and its 200 day simple moving average is $33.49. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 6.15 and a beta of 0.83.

Pacer Global Cash Cows Dividend ETF Company 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.