Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Sees Significant Growth in Short Interest

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 210,523 shares, an increase of 156.2% from the June 15th total of 82,172 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 274,602 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On Pacer Global Cash Cows Dividend ETF

A number of large investors have recently bought and sold shares of GCOW. Hamilton Wealth LLC increased its holdings in Pacer Global Cash Cows Dividend ETF by 231.8% in the 1st quarter. Hamilton Wealth LLC now owns 1,271,100 shares of the company’s stock valued at $58,776,000 after buying an additional 888,023 shares during the period. Royal Bank of Canada lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 47.0% during the 1st quarter. Royal Bank of Canada now owns 1,707,738 shares of the company’s stock worth $78,966,000 after acquiring an additional 546,241 shares during the period. Bank of America Corp DE boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 5.7% during the 2nd quarter. Bank of America Corp DE now owns 7,399,953 shares of the company’s stock worth $280,976,000 after acquiring an additional 398,111 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 964.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 292,781 shares of the company’s stock worth $12,068,000 after acquiring an additional 265,273 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in Pacer Global Cash Cows Dividend ETF by 23.6% in the fourth quarter. Cetera Investment Advisers now owns 1,286,963 shares of the company’s stock valued at $53,049,000 after acquiring an additional 245,444 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

GCOW opened at $44.25 on Tuesday. Pacer Global Cash Cows Dividend ETF has a 52-week low of $37.96 and a 52-week high of $47.57. The firm has a market cap of $2.70 billion, a P/E ratio of 12.82 and a beta of 0.69. The business’s fifty day moving average is $45.08 and its 200-day moving average is $44.95.

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.