Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC trimmed its position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 21.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,434 shares of the company’s stock after selling 9,188 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.06% of Pacer Global Cash Cows Dividend ETF worth $1,127,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Able Wealth Management LLC purchased a new position in Pacer Global Cash Cows Dividend ETF in the fourth quarter valued at $25,000. Principal Securities Inc. acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF during the 4th quarter valued at about $27,000. PNC Financial Services Group Inc. purchased a new position in shares of Pacer Global Cash Cows Dividend ETF in the 4th quarter valued at about $95,000. Cambridge Trust Co. acquired a new position in Pacer Global Cash Cows Dividend ETF in the 1st quarter worth about $100,000. Finally, Schmidt P J Investment Management Inc. purchased a new position in Pacer Global Cash Cows Dividend ETF during the first quarter worth approximately $205,000.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of GCOW opened at $36.37 on Monday. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 6.24 and a beta of 0.63. The firm has a 50 day simple moving average of $34.81 and a 200 day simple moving average of $34.60.

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.