Independent Financial Group LLC Makes New Investment in Pacer Global Cash Cows Dividend ETF $GCOW

Independent Financial Group LLC bought a new stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the 1st quarter, HoldingsChannel reports. The firm bought 80,562 shares of the company’s stock, valued at approximately $3,725,000.

A number of other large investors also recently made changes to their positions in the business. Merkkuri Wealth Advisors LLC acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the 1st quarter valued at about $39,000. Larson Financial Group LLC boosted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 80.9% during the third quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock worth $40,000 after purchasing an additional 454 shares during the period. Smartleaf Asset Management LLC purchased a new position in Pacer Global Cash Cows Dividend ETF during the second quarter valued at approximately $62,000. Private Trust Co. NA grew its position in Pacer Global Cash Cows Dividend ETF by 60.0% during the fourth quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock valued at $66,000 after purchasing an additional 600 shares in the last quarter. Finally, Lodestone Wealth Management LLC acquired a new position in Pacer Global Cash Cows Dividend ETF in the 4th quarter valued at approximately $77,000.

Pacer Global Cash Cows Dividend ETF Stock Performance

Pacer Global Cash Cows Dividend ETF stock opened at $45.08 on Friday. Pacer Global Cash Cows Dividend ETF has a twelve month low of $37.96 and a twelve month high of $47.57. The firm has a market cap of $2.75 billion, a PE ratio of 12.82 and a beta of 0.69. The firm’s 50 day moving average price is $44.99 and its two-hundred day moving average price is $45.00.

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.