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

Cambridge Investment Research Advisors Inc. trimmed its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 3.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,042,852 shares of the company’s stock after selling 41,097 shares during the period. Cambridge Investment Research Advisors Inc. owned about 2.14% of Pacer Global Cash Cows Dividend ETF worth $35,739,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Private Advisor Group LLC increased its holdings in Pacer Global Cash Cows Dividend ETF by 5.2% during the third quarter. Private Advisor Group LLC now owns 144,093 shares of the company’s stock worth $4,689,000 after buying an additional 7,179 shares during the last quarter. Signaturefd LLC bought a new stake in shares of Pacer Global Cash Cows Dividend ETF in the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 30.7% in the third quarter. EverSource Wealth Advisors LLC now owns 18,824 shares of the company’s stock valued at $613,000 after purchasing an additional 4,417 shares during the last quarter. Lincoln National Corp increased its position in Pacer Global Cash Cows Dividend ETF by 30.2% in the third quarter. Lincoln National Corp now owns 23,719 shares of the company’s stock worth $772,000 after buying an additional 5,505 shares during the last quarter. Finally, Sigma Planning Corp raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 9.8% in the third quarter. Sigma Planning Corp now owns 48,978 shares of the company’s stock valued at $1,594,000 after buying an additional 4,378 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Down 0.9 %

Shares of GCOW stock traded down $0.32 on Friday, hitting $34.80. 268,534 shares of the stock were exchanged. The firm has a 50 day moving average price of $34.62 and a 200 day moving average price of $33.96. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 6.24 and a beta of 0.63.

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.