World Equity Group Inc. Raises Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

World Equity Group Inc. grew its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 100.0% during the 4th quarter, Holdings Channel reports. The fund owned 13,882 shares of the company’s stock after buying an additional 6,941 shares during the quarter. World Equity Group Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $468,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LRI Investments LLC lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 8.9% in the third quarter. LRI Investments LLC now owns 36,582 shares of the company’s stock valued at $1,263,000 after purchasing an additional 3,000 shares during the period. FMR LLC lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 51.1% in the third quarter. FMR LLC now owns 3,778 shares of the company’s stock valued at $138,000 after purchasing an additional 1,278 shares during the period. Park Avenue Securities LLC lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 38.3% in the fourth quarter. Park Avenue Securities LLC now owns 9,990 shares of the company’s stock valued at $337,000 after purchasing an additional 2,768 shares during the period. HighTower Advisors LLC raised its position in Pacer Global Cash Cows Dividend ETF by 26.2% during the third quarter. HighTower Advisors LLC now owns 51,028 shares of the company’s stock worth $1,867,000 after acquiring an additional 10,595 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its position in Pacer Global Cash Cows Dividend ETF by 2.0% during the third quarter. J.W. Cole Advisors Inc. now owns 167,402 shares of the company’s stock worth $6,109,000 after acquiring an additional 3,359 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Trading Up 6.9 %

Shares of GCOW opened at $36.11 on Monday. The firm has a market capitalization of $2.03 billion, a PE ratio of 6.24 and a beta of 0.63. The business’s 50-day simple moving average is $34.51 and its 200-day simple moving average is $35.22.

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.