Pacer Advisors Inc. Sells 19,948 Shares of Pacer Global Cash Cows Dividend ETF $GCOW

Pacer Advisors Inc. reduced its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 4.4% in the third quarter, Holdings Channel reports. The firm owned 429,471 shares of the company’s stock after selling 19,948 shares during the period. Pacer Advisors Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $17,016,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Atticus Wealth Management LLC bought a new stake in Pacer Global Cash Cows Dividend ETF during the 2nd quarter valued at about $29,000. Bank of Montreal Can increased its position in shares of Pacer Global Cash Cows Dividend ETF by 262.3% during the second quarter. Bank of Montreal Can now owns 1,087 shares of the company’s stock worth $41,000 after acquiring an additional 787 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Pacer Global Cash Cows Dividend ETF during the second quarter worth approximately $44,000. Key Financial Inc raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 1,089.4% during the second quarter. Key Financial Inc now owns 1,237 shares of the company’s stock valued at $47,000 after acquiring an additional 1,133 shares in the last quarter. Finally, Copia Wealth Management boosted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 75.5% in the second quarter. Copia Wealth Management now owns 1,464 shares of the company’s stock valued at $56,000 after purchasing an additional 630 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Up 25.3%

Shares of BATS:GCOW opened at $42.33 on Friday. The business’s 50 day moving average is $41.04 and its 200 day moving average is $39.80. The stock has a market cap of $2.58 billion, a P/E ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a 52-week low of $32.52 and a 52-week high of $39.69.

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.