Financial Advocates Investment Management decreased its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW – Free Report) by 55.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,285 shares of the company’s stock after selling 32,749 shares during the quarter. Financial Advocates Investment Management’s holdings in Pacer Global Cash Cows Dividend ETF were worth $887,000 as of its most recent filing with the SEC.
Other hedge funds have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co bought a new stake in Pacer Global Cash Cows Dividend ETF in the third quarter worth approximately $29,000. Assetmark Inc. acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF in the 3rd quarter valued at $35,000. Valley National Advisers Inc. boosted its holdings in Pacer Global Cash Cows Dividend ETF by 242.7% in the third quarter. Valley National Advisers Inc. now owns 2,087 shares of the company’s stock worth $75,000 after purchasing an additional 1,478 shares in the last quarter. Eastern Bank bought a new stake in Pacer Global Cash Cows Dividend ETF in the third quarter worth $105,000. Finally, FMR LLC increased its position in Pacer Global Cash Cows Dividend ETF by 51.1% during the third quarter. FMR LLC now owns 3,778 shares of the company’s stock worth $138,000 after buying an additional 1,278 shares during the last quarter.
Pacer Global Cash Cows Dividend ETF Stock Up 3.8 %
Shares of BATS:GCOW opened at $35.05 on Friday. The firm has a market capitalization of $1.97 billion, a PE ratio of 6.24 and a beta of 0.63. The business has a fifty day moving average of $34.37 and a 200-day moving average of $35.13.
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.
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