Janney Montgomery Scott LLC Buys 30,060 Shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Janney Montgomery Scott LLC grew its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 5.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 620,730 shares of the company’s stock after purchasing an additional 30,060 shares during the period. Janney Montgomery Scott LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $22,650,000 as of its most recent filing with the SEC.

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

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of BATS GCOW opened at $35.36 on Tuesday. The business has a fifty day simple moving average of $36.04 and a 200 day simple moving average of $35.16. The stock has a market cap of $1.98 billion, a P/E 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.