Pacer Advisors Inc. Sells 8,038 Shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Pacer Advisors Inc. lessened its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 1.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 529,874 shares of the company’s stock after selling 8,038 shares during the period. Pacer Advisors Inc. owned about 0.94% of Pacer Global Cash Cows Dividend ETF worth $17,867,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Osaic Holdings Inc. raised its position in Pacer Global Cash Cows Dividend ETF by 4.2% during the 1st quarter. Osaic Holdings Inc. now owns 1,049,503 shares of the company’s stock valued at $36,432,000 after purchasing an additional 42,721 shares in the last quarter. UBS Group AG raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 2.2% in the fourth quarter. UBS Group AG now owns 1,046,267 shares of the company’s stock valued at $35,856,000 after acquiring an additional 22,097 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 663.2% in the second quarter. Strategic Financial Concepts LLC now owns 665,386 shares of the company’s stock worth $224,000 after acquiring an additional 578,201 shares during the period. Jane Street Group LLC grew its holdings in Pacer Global Cash Cows Dividend ETF by 114.7% during the 1st quarter. Jane Street Group LLC now owns 650,409 shares of the company’s stock worth $22,569,000 after acquiring an additional 347,428 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in Pacer Global Cash Cows Dividend ETF by 26.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 561,361 shares of the company’s stock valued at $19,479,000 after purchasing an additional 116,901 shares during the period.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of GCOW opened at $36.22 on Monday. The stock has a fifty day simple moving average of $35.37 and a 200 day simple moving average of $34.84. The stock has a market cap of $2.03 billion, a PE ratio of 6.24 and a beta of 0.63.

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.