Cetera Investment Advisers Boosts Stock Position in Pacer Global Cash Cows Dividend ETF $GCOW

Cetera Investment Advisers lifted its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 15.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,482,311 shares of the company’s stock after acquiring an additional 195,348 shares during the quarter. Cetera Investment Advisers owned approximately 2.43% of Pacer Global Cash Cows Dividend ETF worth $68,542,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aviance Capital Partners LLC raised its stake in Pacer Global Cash Cows Dividend ETF by 0.8% during the 1st quarter. Aviance Capital Partners LLC now owns 30,456 shares of the company’s stock worth $1,408,000 after acquiring an additional 243 shares during the period. Harvest Investment Services LLC boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 2.1% in the third quarter. Harvest Investment Services LLC now owns 15,498 shares of the company’s stock worth $614,000 after purchasing an additional 318 shares during the period. Cora Capital Advisors LLC boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 6.2% in the fourth quarter. Cora Capital Advisors LLC now owns 6,038 shares of the company’s stock worth $249,000 after purchasing an additional 350 shares during the period. MML Investors Services LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 0.4% in the fourth quarter. MML Investors Services LLC now owns 94,486 shares of the company’s stock worth $3,895,000 after purchasing an additional 367 shares in the last quarter. Finally, KMG Fiduciary Partners LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 1.4% in the fourth quarter. KMG Fiduciary Partners LLC now owns 26,585 shares of the company’s stock worth $1,096,000 after purchasing an additional 379 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

GCOW opened at $45.32 on Friday. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69. The firm’s fifty day moving average is $44.88 and its 200 day moving average is $45.12. Pacer Global Cash Cows Dividend ETF has a fifty-two week low of $37.96 and a fifty-two week high of $47.57.

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.