Sigma Planning Corp Trims Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Sigma Planning Corp reduced its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 68.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 15,383 shares of the company’s stock after selling 33,595 shares during the period. Sigma Planning Corp’s holdings in Pacer Global Cash Cows Dividend ETF were worth $527,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GCOW. International Assets Investment Management LLC raised its holdings in Pacer Global Cash Cows Dividend ETF by 1,103.1% in the 4th quarter. International Assets Investment Management LLC now owns 1,258,030 shares of the company’s stock valued at $43,113,000 after buying an additional 1,153,461 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in Pacer Global Cash Cows Dividend ETF by 13.9% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 1,083,949 shares of the company’s stock valued at $35,272,000 after buying an additional 132,127 shares during the period. Pacer Advisors Inc. raised its holdings in Pacer Global Cash Cows Dividend ETF by 26.6% in the 4th quarter. Pacer Advisors Inc. now owns 477,022 shares of the company’s stock valued at $16,348,000 after buying an additional 100,200 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in Pacer Global Cash Cows Dividend ETF by 10.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,015,882 shares of the company’s stock valued at $33,057,000 after buying an additional 94,579 shares during the period. Finally, Financial Management Network Inc. raised its holdings in Pacer Global Cash Cows Dividend ETF by 25.6% in the 3rd quarter. Financial Management Network Inc. now owns 389,212 shares of the company’s stock valued at $12,256,000 after buying an additional 79,311 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of GCOW opened at $34.32 on Friday. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 6.13 and a beta of 0.63. The firm has a 50-day moving average of $34.25 and a 200-day moving average of $33.57.

Pacer Global Cash Cows Dividend ETF 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.