Pacer Global Cash Cows Dividend ETF (BATS:GCOW – Get Free Report) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 65,594 shares, a drop of 50.6% from the September 15th total of 132,690 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 255,188 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in GCOW. Lighthouse Wealth Management Inc. grew its stake in shares of Pacer Global Cash Cows Dividend ETF by 1.8% in the third quarter. Lighthouse Wealth Management Inc. now owns 193,965 shares of the company’s stock worth $8,680,000 after acquiring an additional 3,390 shares during the last quarter. First Heartland Consultants Inc. bought a new position in Pacer Global Cash Cows Dividend ETF during the third quarter worth $553,000. CoreCap Advisors LLC increased its position in Pacer Global Cash Cows Dividend ETF by 12.2% during the third quarter. CoreCap Advisors LLC now owns 2,204 shares of the company’s stock worth $99,000 after acquiring an additional 239 shares during the period. Envestnet Asset Management Inc. increased its position in Pacer Global Cash Cows Dividend ETF by 22.6% during the second quarter. Envestnet Asset Management Inc. now owns 450,868 shares of the company’s stock worth $19,302,000 after acquiring an additional 83,248 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in Pacer Global Cash Cows Dividend ETF during the 2nd quarter valued at $215,000.
Pacer Global Cash Cows Dividend ETF Stock Performance
Shares of BATS:GCOW opened at $45.50 on Wednesday. The stock’s 50-day moving average is $46.35 and its 200-day moving average is $45.75. The company has a market cap of $2.77 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 $39.08 and a 52-week high of $48.06.
Pacer Global Cash Cows Dividend ETF Company 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.
Further Reading
- Five stocks we like better than Pacer Global Cash Cows Dividend ETF
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Receive News & Ratings for Pacer Global Cash Cows Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer Global Cash Cows Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
