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

Pacer Advisors Inc. trimmed its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 2.7% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 408,679 shares of the company’s stock after selling 11,352 shares during the period. Pacer Advisors Inc. owned 0.67% of Pacer Global Cash Cows Dividend ETF worth $18,897,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 2.4% during the 1st quarter. Bank of America Corp DE now owns 8,118,813 shares of the company’s stock valued at $375,414,000 after purchasing an additional 191,858 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 6.6% in the fourth quarter. LPL Financial LLC now owns 3,301,076 shares of the company’s stock valued at $136,070,000 after purchasing an additional 203,855 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 2.3% in the second quarter. Raymond James Financial Inc. now owns 1,986,356 shares of the company’s stock valued at $75,422,000 after purchasing an additional 44,905 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of 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 valued at $78,966,000 after purchasing an additional 546,241 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in Pacer Global Cash Cows Dividend ETF by 15.2% in the first quarter. Cetera Investment Advisers now owns 1,482,311 shares of the company’s stock worth $68,542,000 after purchasing an additional 195,348 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Price Performance

Pacer Global Cash Cows Dividend ETF stock opened at $46.35 on Wednesday. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69. The firm’s fifty day moving average is $44.85 and its 200 day moving average is $45.36. Pacer Global Cash Cows Dividend ETF has a 52-week low of $38.44 and a 52-week high of $47.57.

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.