Belpointe Asset Management LLC Has $785,000 Stock Holdings in Pacer Global Cash Cows Dividend ETF $GCOW

Belpointe Asset Management LLC decreased its holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 58.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,663 shares of the company’s stock after selling 29,240 shares during the quarter. Belpointe Asset Management LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $785,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Valley National Advisers Inc. raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 20.6% in the 2nd quarter. Valley National Advisers Inc. now owns 5,862 shares of the company’s stock valued at $221,000 after buying an additional 1,001 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 5.0% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 21,069 shares of the company’s stock valued at $800,000 after buying an additional 1,003 shares in the last quarter. Pure Financial Advisors LLC acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the 2nd quarter valued at $200,000. Investment Partners Asset Management Inc. grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 1.2% in the 2nd quarter. Investment Partners Asset Management Inc. now owns 41,517 shares of the company’s stock worth $1,576,000 after purchasing an additional 492 shares during the last quarter. Finally, Novem Group grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 2.8% in the 2nd quarter. Novem Group now owns 33,250 shares of the company’s stock worth $1,263,000 after purchasing an additional 916 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

GCOW opened at $39.82 on Thursday. The firm’s 50-day simple moving average is $39.61 and its 200-day simple moving average is $38.06. Pacer Global Cash Cows Dividend ETF has a twelve month low of $32.52 and a twelve month high of $39.69. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69.

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.