Bank of New York Mellon Corp Acquires New Stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Bank of New York Mellon Corp bought a new position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,480 shares of the company’s stock, valued at approximately $387,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Valley National Advisers Inc. lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 54.5% in the 4th quarter. Valley National Advisers Inc. now owns 3,225 shares of the company’s stock worth $108,000 after buying an additional 1,138 shares during the period. FMR LLC raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 51.1% in the third quarter. FMR LLC now owns 3,778 shares of the company’s stock valued at $138,000 after acquiring an additional 1,278 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 99.6% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 4,890 shares of the company’s stock worth $164,000 after acquiring an additional 2,440 shares during the period. Schmidt P J Investment Management Inc. grew its holdings in Pacer Global Cash Cows Dividend ETF by 5.9% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 6,217 shares of the company’s stock worth $210,000 after acquiring an additional 345 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new position in Pacer Global Cash Cows Dividend ETF during the 3rd quarter valued at about $219,000.

Pacer Global Cash Cows Dividend ETF Stock Up 10.0 %

Pacer Global Cash Cows Dividend ETF stock opened at $37.15 on Friday. The firm has a market cap of $2.17 billion, a P/E ratio of 13.67 and a beta of 0.80. The business has a fifty day moving average of $36.06 and a two-hundred day moving average of $35.45. Pacer Global Cash Cows Dividend ETF has a twelve month low of $33.34 and a twelve month high of $37.71.

About Pacer Global Cash Cows Dividend ETF

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.