Valley National Advisers Inc. Has $75,000 Stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Valley National Advisers Inc. raised its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 242.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,087 shares of the company’s stock after buying an additional 1,478 shares during the quarter. Valley National Advisers Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $75,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its stake in 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 valued at $224,000 after acquiring an additional 578,201 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 1,133.7% in the 1st quarter. Cetera Investment Advisers now owns 422,881 shares of the company’s stock valued at $14,674,000 after purchasing an additional 388,603 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 114.7% in the 1st quarter. Jane Street Group LLC now owns 650,409 shares of the company’s stock valued at $22,569,000 after purchasing an additional 347,428 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 61.5% during the 3rd quarter. Raymond James & Associates now owns 680,007 shares of the company’s stock worth $24,813,000 after buying an additional 258,916 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 3.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,794,002 shares of the company’s stock worth $127,934,000 after buying an additional 121,854 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Pacer Global Cash Cows Dividend ETF stock opened at $35.58 on Tuesday. The company has a market capitalization of $2.00 billion, a PE ratio of 6.24 and a beta of 0.63. The company has a 50-day simple moving average of $36.08 and a 200-day simple moving average of $35.12.

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.