MMA Asset Management LLC Sells 24,415 Shares of Pacer Global Cash Cows Dividend ETF $GCOW

MMA Asset Management LLC lowered its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 44.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,056 shares of the company’s stock after selling 24,415 shares during the period. MMA Asset Management LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,239,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. CWM LLC raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 38.0% during the 3rd quarter. CWM LLC now owns 944 shares of the company’s stock worth $37,000 after purchasing an additional 260 shares in the last quarter. Anchor Investment Management LLC raised its stake in Pacer Global Cash Cows Dividend ETF by 2.8% in the 3rd quarter. Anchor Investment Management LLC now owns 9,534 shares of the company’s stock valued at $378,000 after acquiring an additional 262 shares during the period. Farther Finance Advisors LLC raised its stake in Pacer Global Cash Cows Dividend ETF by 5.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,454 shares of the company’s stock valued at $216,000 after acquiring an additional 289 shares during the period. Flagship Harbor Advisors LLC raised its stake in Pacer Global Cash Cows Dividend ETF by 1.7% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 17,570 shares of the company’s stock valued at $696,000 after acquiring an additional 300 shares during the period. Finally, Harvest Investment Services LLC raised its stake in Pacer Global Cash Cows Dividend ETF by 2.1% in the 3rd quarter. Harvest Investment Services LLC now owns 15,498 shares of the company’s stock valued at $614,000 after acquiring an additional 318 shares during the period.

Pacer Global Cash Cows Dividend ETF Trading Down 0.9%

GCOW opened at $45.78 on Tuesday. The stock’s fifty day simple moving average is $45.97 and its 200 day simple moving average is $43.47. Pacer Global Cash Cows Dividend ETF has a 1-year low of $36.54 and a 1-year high of $47.57. The stock has a market cap of $2.79 billion, a PE ratio of 12.82 and a beta of 0.69.

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.