Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Short Interest Update

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 156,360 shares, a decrease of 32.6% from the July 30th total of 231,893 shares. Based on an average trading volume of 228,162 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Trading of Pacer Global Cash Cows Dividend ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Ameritas Advisory Services LLC bought a new position in shares of Pacer Global Cash Cows Dividend ETF in the second quarter valued at approximately $200,000. Kraematon Investment Advisors Inc. grew its holdings in Pacer Global Cash Cows Dividend ETF by 3.5% during the second quarter. Kraematon Investment Advisors Inc. now owns 19,835 shares of the company’s stock worth $859,000 after buying an additional 676 shares in the last quarter. HB Wealth Management LLC grew its holdings in Pacer Global Cash Cows Dividend ETF by 12.9% during the second quarter. HB Wealth Management LLC now owns 19,252 shares of the company’s stock worth $834,000 after buying an additional 2,197 shares in the last quarter. Compass Financial Management LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF in the 2nd quarter valued at $30,000. Finally, Concurrent Investment Advisors LLC raised its position in Pacer Global Cash Cows Dividend ETF by 28.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 90,273 shares of the company’s stock valued at $3,909,000 after buying an additional 19,957 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of BATS GCOW opened at $47.43 on Wednesday. Pacer Global Cash Cows Dividend ETF has a fifty-two week low of $39.02 and a fifty-two week high of $48.06. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69. The firm’s 50-day simple moving average is $45.70 and its 200 day simple moving average is $45.80.

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.