Envestnet Asset Management Inc. Increases Stock Holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Envestnet Asset Management Inc. increased its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 0.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 205,191 shares of the company’s stock after acquiring an additional 1,060 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $6,919,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Strategic Financial Concepts LLC increased its position in shares of Pacer Global Cash Cows Dividend ETF by 663.2% in the second quarter. Strategic Financial Concepts LLC now owns 665,386 shares of the company’s stock worth $224,000 after purchasing an additional 578,201 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Pacer Global Cash Cows Dividend ETF by 1,133.7% during the 1st quarter. Cetera Investment Advisers now owns 422,881 shares of the company’s stock valued at $14,674,000 after buying an additional 388,603 shares in the last quarter. Jane Street Group LLC raised its position in shares of Pacer Global Cash Cows Dividend ETF by 114.7% during the 1st quarter. Jane Street Group LLC now owns 650,409 shares of the company’s stock valued at $22,569,000 after buying an additional 347,428 shares in the last quarter. OLD Mission Capital LLC lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 37.3% during the 4th quarter. OLD Mission Capital LLC now owns 469,789 shares of the company’s stock worth $16,100,000 after acquiring an additional 127,587 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in Pacer Global Cash Cows Dividend ETF by 26.3% in the first quarter. Janney Montgomery Scott LLC now owns 561,361 shares of the company’s stock worth $19,479,000 after acquiring an additional 116,901 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Price Performance

GCOW opened at $36.66 on Friday. The stock has a market cap of $2.06 billion, a PE ratio of 6.24 and a beta of 0.63. The business has a 50-day moving average price of $35.56 and a 200-day moving average price of $34.92.

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.