Assetmark Inc. Takes Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Assetmark Inc. bought a new position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 966 shares of the company’s stock, valued at approximately $35,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GCOW. CENTRAL TRUST Co acquired a new position in shares of Pacer Global Cash Cows Dividend ETF during the 3rd quarter valued at $29,000. Valley National Advisers Inc. grew its holdings in Pacer Global Cash Cows Dividend ETF by 242.7% during the third quarter. Valley National Advisers Inc. now owns 2,087 shares of the company’s stock worth $75,000 after acquiring an additional 1,478 shares during the period. Cambridge Trust Co. bought a new stake in Pacer Global Cash Cows Dividend ETF in the first quarter worth about $100,000. Eastern Bank acquired a new stake in Pacer Global Cash Cows Dividend ETF in the 3rd quarter valued at about $105,000. Finally, Centaurus Financial Inc. boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 23.0% during the 2nd quarter. Centaurus Financial Inc. now owns 3,661 shares of the company’s stock valued at $123,000 after purchasing an additional 685 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of GCOW opened at $34.87 on Tuesday. The stock has a 50-day simple moving average of $35.79 and a 200 day simple moving average of $35.22. The firm has a market cap of $1.96 billion, a PE ratio of 6.24 and a beta of 0.63.

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.