Cetera Investment Advisers Sells 10,052 Shares of Pacer Global Cash Cows Dividend ETF $GCOW

Cetera Investment Advisers decreased its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 2.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 385,088 shares of the company’s stock after selling 10,052 shares during the period. Cetera Investment Advisers’ holdings in Pacer Global Cash Cows Dividend ETF were worth $14,622,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in GCOW. Atticus Wealth Management LLC bought a new position in shares of Pacer Global Cash Cows Dividend ETF in the second quarter worth about $29,000. CWM LLC grew its stake in shares of Pacer Global Cash Cows Dividend ETF by 48.2% during the first quarter. CWM LLC now owns 1,014 shares of the company’s stock valued at $37,000 after purchasing an additional 330 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Pacer Global Cash Cows Dividend ETF by 262.3% in the second quarter. Bank of Montreal Can now owns 1,087 shares of the company’s stock valued at $41,000 after purchasing an additional 787 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Pacer Global Cash Cows Dividend ETF in the 2nd quarter worth approximately $44,000. Finally, Key Financial Inc raised its position in Pacer Global Cash Cows Dividend ETF by 1,089.4% in the 2nd quarter. Key Financial Inc now owns 1,237 shares of the company’s stock worth $47,000 after purchasing an additional 1,133 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of GCOW opened at $40.61 on Thursday. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69. The business’s fifty day moving average price is $39.96 and its two-hundred day moving average price is $39.00. Pacer Global Cash Cows Dividend ETF has a 52 week low of $32.52 and a 52 week high of $39.69.

About Pacer Global Cash Cows Dividend ETF

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.