Private Advisor Group LLC Has $3.39 Million Stock Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Private Advisor Group LLC cut its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 5.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 100,349 shares of the company’s stock after selling 5,937 shares during the quarter. Private Advisor Group LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $3,386,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its holdings in Pacer Global Cash Cows Dividend ETF by 3,409.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 671,102 shares of the company’s stock worth $22,643,000 after purchasing an additional 651,981 shares during the last quarter. Lighthouse Wealth Management Inc. bought a new stake in Pacer Global Cash Cows Dividend ETF during the 4th quarter worth approximately $3,230,000. International Assets Investment Management LLC acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF during the fourth quarter worth $2,673,000. Janney Montgomery Scott LLC lifted 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 in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Pacer Global Cash Cows Dividend ETF by 316.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 92,127 shares of the company’s stock worth $3,362,000 after acquiring an additional 69,985 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of GCOW opened at $36.11 on Monday. The stock’s 50 day simple moving average is $34.51 and its two-hundred day simple moving average is $35.22. The firm has a market capitalization of $2.03 billion, a PE 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.