Palumbo Wealth Management LLC Invests $1.57 Million in Pacer Global Cash Cows Dividend ETF $GCOW

Palumbo Wealth Management LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 39,497 shares of the company’s stock, valued at approximately $1,565,000.

Other large investors have also recently bought and sold shares of the company. Insight Advisors LLC PA raised its stake in Pacer Global Cash Cows Dividend ETF by 4.6% during the third quarter. Insight Advisors LLC PA now owns 71,779 shares of the company’s stock worth $2,844,000 after acquiring an additional 3,148 shares in the last quarter. Bleakley Financial Group LLC boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 1.3% in the 3rd quarter. Bleakley Financial Group LLC now owns 61,086 shares of the company’s stock valued at $2,420,000 after purchasing an additional 786 shares in the last quarter. Citigroup Inc. grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 6.0% in the 3rd quarter. Citigroup Inc. now owns 135,209 shares of the company’s stock worth $5,357,000 after purchasing an additional 7,682 shares during the last quarter. Clear Creek Financial Management LLC increased its position in shares of Pacer Global Cash Cows Dividend ETF by 2.2% during the 3rd quarter. Clear Creek Financial Management LLC now owns 18,259 shares of the company’s stock worth $723,000 after purchasing an additional 400 shares in the last quarter. Finally, Synovus Financial Corp bought a new position in Pacer Global Cash Cows Dividend ETF during the 3rd quarter valued at about $276,000.

Pacer Global Cash Cows Dividend ETF Stock Up 0.4%

BATS:GCOW opened at $46.85 on Tuesday. The firm has a market cap of $2.86 billion, a PE ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a 12 month low of $32.51 and a 12 month high of $46.95. The company’s 50-day moving average price is $43.50 and its two-hundred day moving average price is $41.38.

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.