Aviance Capital Partners LLC Lowers Stock Holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Aviance Capital Partners LLC lessened its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,047 shares of the company’s stock after selling 1,466 shares during the quarter. Aviance Capital Partners LLC owned about 0.05% of Pacer Global Cash Cows Dividend ETF worth $980,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. purchased a new position in shares of Pacer Global Cash Cows Dividend ETF in the third quarter valued at approximately $35,000. Valley National Advisers Inc. lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 54.5% in the fourth quarter. Valley National Advisers Inc. now owns 3,225 shares of the company’s stock valued at $108,000 after acquiring an additional 1,138 shares in the last quarter. FMR LLC lifted its position 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 increased its holdings in shares of 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 valued at $164,000 after purchasing an additional 2,440 shares during the last quarter. Finally, SRS Capital Advisors Inc. acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF in the fourth quarter valued at approximately $185,000.

Pacer Global Cash Cows Dividend ETF Stock Performance

BATS:GCOW opened at $37.44 on Friday. The firm has a 50 day moving average of $34.96 and a 200 day moving average of $35.31. The firm has a market capitalization of $2.11 billion, a PE ratio of 12.83 and a beta of 0.80.

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.