Laurel Wealth Advisors LLC Sells 2,700,965 Shares of Pacer Global Cash Cows Dividend ETF $GCOW

Laurel Wealth Advisors LLC lessened its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 97.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,744 shares of the company’s stock after selling 2,700,965 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $3,001,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Murphy & Mullick Capital Management Corp raised its position in Pacer Global Cash Cows Dividend ETF by 200.0% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 750 shares of the company’s stock valued at $30,000 after buying an additional 500 shares during the last quarter. CWM LLC grew its stake in shares of Pacer Global Cash Cows Dividend ETF by 38.0% in the 3rd quarter. CWM LLC now owns 944 shares of the company’s stock worth $37,000 after acquiring an additional 260 shares in the last quarter. Wolff Wiese Magana LLC raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 79.4% in the third quarter. Wolff Wiese Magana LLC now owns 956 shares of the company’s stock valued at $38,000 after purchasing an additional 423 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 262.3% during 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. Finally, Key Financial Inc boosted its holdings in Pacer Global Cash Cows Dividend ETF by 1,089.4% during the second 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

BATS:GCOW opened at $47.54 on Monday. Pacer Global Cash Cows Dividend ETF has a 52 week low of $32.51 and a 52 week high of $47.57. The firm has a 50-day moving average price of $43.94 and a two-hundred day moving average price of $41.59. The firm has a market cap of $2.90 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69.

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.