Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Shares Purchased by Anchor Investment Management LLC

Anchor Investment Management LLC boosted its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 8.1% in the second quarter, Holdings Channel.com reports. The firm owned 8,018 shares of the company’s stock after acquiring an additional 600 shares during the quarter. Anchor Investment Management LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $270,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Simplicity Wealth LLC lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 1.1% during the 2nd quarter. Simplicity Wealth LLC now owns 27,281 shares of the company’s stock valued at $920,000 after acquiring an additional 299 shares during the period. Schmidt P J Investment Management Inc. lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 5.2% during the 2nd quarter. Schmidt P J Investment Management Inc. now owns 6,216 shares of the company’s stock valued at $210,000 after acquiring an additional 310 shares during the period. Stephens Inc. AR lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 0.7% during the 4th quarter. Stephens Inc. AR now owns 47,256 shares of the company’s stock valued at $1,619,000 after acquiring an additional 330 shares during the period. Total Clarity Wealth Management Inc. lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 2.6% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 14,865 shares of the company’s stock valued at $501,000 after acquiring an additional 375 shares during the period. Finally, Opal Wealth Advisors LLC lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 2.9% during the 2nd quarter. Opal Wealth Advisors LLC now owns 13,932 shares of the company’s stock valued at $470,000 after acquiring an additional 387 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Performance

GCOW stock opened at $36.25 on Friday. The firm’s 50-day moving average is $35.72 and its 200 day moving average is $34.97. The firm has a market cap of $2.03 billion, a P/E ratio of 6.24 and a beta of 0.63.

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.