Lighthouse Wealth Management Inc. Increases Stake in Pacer Global Cash Cows Dividend ETF $GCOW

Lighthouse Wealth Management Inc. increased its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 45.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 183,239 shares of the company’s stock after acquiring an additional 57,038 shares during the quarter. Pacer Global Cash Cows Dividend ETF comprises about 5.8% of Lighthouse Wealth Management Inc.’s holdings, making the stock its 7th biggest holding. Lighthouse Wealth Management Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $8,473,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of GCOW. Merkkuri Wealth Advisors LLC bought a new stake in Pacer Global Cash Cows Dividend ETF during the 1st quarter worth approximately $39,000. Larson Financial Group LLC boosted its holdings in Pacer Global Cash Cows Dividend ETF by 80.9% in the 3rd quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock valued at $40,000 after purchasing an additional 454 shares during the period. Smartleaf Asset Management LLC bought a new position in Pacer Global Cash Cows Dividend ETF in the 2nd quarter valued at $62,000. Private Trust Co. NA grew its position in shares of Pacer Global Cash Cows Dividend ETF by 60.0% during the 4th quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock valued at $66,000 after purchasing an additional 600 shares in the last quarter. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Pacer Global Cash Cows Dividend ETF during the 4th quarter valued at $77,000.

Pacer Global Cash Cows Dividend ETF Stock Performance

Pacer Global Cash Cows Dividend ETF stock opened at $43.30 on Wednesday. Pacer Global Cash Cows Dividend ETF has a fifty-two week low of $37.94 and a fifty-two week high of $47.57. The stock has a market cap of $2.64 billion, a P/E ratio of 12.82 and a beta of 0.69. The firm’s fifty day moving average price is $45.41 and its 200-day moving average price is $44.82.

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.