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

Laurel Wealth Advisors LLC cut its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 97.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,744 shares of the company’s stock after selling 2,700,965 shares during the period. Laurel Wealth Advisors LLC owned 0.12% of Pacer Global Cash Cows Dividend ETF worth $3,001,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GCOW. CWM LLC grew its stake in Pacer Global Cash Cows Dividend ETF by 38.0% in the third quarter. CWM LLC now owns 944 shares of the company’s stock valued at $37,000 after acquiring an additional 260 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 5.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,454 shares of the company’s stock worth $216,000 after purchasing an additional 289 shares in the last quarter. JBR Co Financial Management Inc lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 0.9% in the 3rd quarter. JBR Co Financial Management Inc now owns 33,783 shares of the company’s stock worth $1,338,000 after purchasing an additional 290 shares in the last quarter. Flagship Harbor Advisors LLC grew its position in Pacer Global Cash Cows Dividend ETF by 1.7% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 17,570 shares of the company’s stock valued at $696,000 after purchasing an additional 300 shares during the period. Finally, Western Wealth Management LLC increased its stake in Pacer Global Cash Cows Dividend ETF by 6.1% during the 3rd quarter. Western Wealth Management LLC now owns 6,055 shares of the company’s stock valued at $240,000 after purchasing an additional 350 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Trading Up 1.3%

GCOW opened at $47.54 on Monday. Pacer Global Cash Cows Dividend ETF has a 1-year low of $32.51 and a 1-year high of $47.57. The company has a market cap of $2.90 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69. The company’s fifty day moving average price is $43.94 and its two-hundred day moving average price is $41.59.

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.