Barometer Capital Management Inc. Invests $647,000 in Pacer Global Cash Cows Dividend ETF $GCOW

Barometer Capital Management Inc. purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 14,000 shares of the company’s stock, valued at approximately $647,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Aviance Capital Partners LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 0.8% in the first 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 increased its position in Pacer Global Cash Cows Dividend ETF by 2.1% during the 3rd quarter. Harvest Investment Services LLC now owns 15,498 shares of the company’s stock valued at $614,000 after purchasing an additional 318 shares during the period. Cora Capital Advisors LLC increased its position in Pacer Global Cash Cows Dividend ETF by 6.2% during the 4th quarter. Cora Capital Advisors LLC now owns 6,038 shares of the company’s stock valued at $249,000 after purchasing an additional 350 shares during the period. MML Investors Services LLC raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 0.4% in the 4th quarter. MML Investors Services LLC now owns 94,486 shares of the company’s stock valued at $3,895,000 after purchasing an additional 367 shares in the last quarter. Finally, KMG Fiduciary Partners LLC lifted its holdings in Pacer Global Cash Cows Dividend ETF by 1.4% during the fourth quarter. KMG Fiduciary Partners LLC now owns 26,585 shares of the company’s stock worth $1,096,000 after buying an additional 379 shares during the period.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of GCOW stock opened at $44.99 on Wednesday. Pacer Global Cash Cows Dividend ETF has a 1-year low of $37.96 and a 1-year high of $47.57. The company has a market cap of $2.74 billion, a P/E ratio of 12.82 and a beta of 0.69. The stock’s 50-day moving average is $44.95 and its 200 day moving average is $45.07.

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.