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

HighTower Advisors LLC cut its holdings in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 4.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 48,901 shares of the company’s stock after selling 2,127 shares during the period. HighTower Advisors LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,650,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new position in Pacer Global Cash Cows Dividend ETF in the 4th quarter worth approximately $55,916,000. Janney Montgomery Scott LLC increased its holdings in shares of Pacer Global Cash Cows Dividend ETF by 12.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 695,703 shares of the company’s stock valued at $23,473,000 after purchasing an additional 74,973 shares during the last quarter. Strategic Financial Concepts LLC lifted its position in Pacer Global Cash Cows Dividend ETF by 3,409.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 671,102 shares of the company’s stock worth $22,643,000 after buying an additional 651,981 shares in the last quarter. Stifel Financial Corp boosted its stake in Pacer Global Cash Cows Dividend ETF by 4.1% during the third quarter. Stifel Financial Corp now owns 402,936 shares of the company’s stock worth $14,703,000 after buying an additional 15,911 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in Pacer Global Cash Cows Dividend ETF by 56.8% in the 4th quarter. Jones Financial Companies Lllp now owns 317,013 shares of the company’s stock valued at $10,696,000 after buying an additional 114,796 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Up 10.1 %

Shares of GCOW opened at $37.19 on Tuesday. The stock has a fifty day simple moving average of $35.79 and a two-hundred day simple moving average of $35.41. The company has a market capitalization of $2.17 billion, a PE ratio of 13.67 and a beta of 0.80. Pacer Global Cash Cows Dividend ETF has a 52-week low of $33.34 and a 52-week high of $37.71.

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.