Pacer Advisors Inc. Sells 11,352 Shares of Pacer Global Cash Cows Dividend ETF $GCOW

Pacer Advisors Inc. cut its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 2.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 408,679 shares of the company’s stock after selling 11,352 shares during the period. Pacer Advisors Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $18,897,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Hamilton Wealth LLC lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 231.8% in the 1st quarter. Hamilton Wealth LLC now owns 1,271,100 shares of the company’s stock valued at $58,776,000 after purchasing an additional 888,023 shares during the last quarter. Royal Bank of Canada lifted its position in Pacer Global Cash Cows Dividend ETF by 47.0% in the first quarter. Royal Bank of Canada now owns 1,707,738 shares of the company’s stock worth $78,966,000 after buying an additional 546,241 shares during the last quarter. Bank of America Corp DE boosted its stake in Pacer Global Cash Cows Dividend ETF by 5.7% during the second quarter. Bank of America Corp DE now owns 7,399,953 shares of the company’s stock worth $280,976,000 after buying an additional 398,111 shares during the period. Cetera Investment Advisers boosted its stake in Pacer Global Cash Cows Dividend ETF by 23.6% during the fourth quarter. Cetera Investment Advisers now owns 1,286,963 shares of the company’s stock worth $53,049,000 after buying an additional 245,444 shares during the period. Finally, Ocean Park Asset Management LLC bought a new position in Pacer Global Cash Cows Dividend ETF during the first quarter valued at $11,272,000.

Pacer Global Cash Cows Dividend ETF Price Performance

GCOW stock opened at $46.35 on Wednesday. Pacer Global Cash Cows Dividend ETF has a twelve month low of $38.44 and a twelve month high of $47.57. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69. The firm’s fifty day simple moving average is $44.85 and its two-hundred day simple moving average is $45.36.

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.