MML Investors Services LLC Reduces Stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

MML Investors Services LLC reduced its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 12.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 92,505 shares of the company’s stock after selling 12,922 shares during the period. MML Investors Services LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $3,376,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. CENTRAL TRUST Co purchased a new position in Pacer Global Cash Cows Dividend ETF in the 3rd quarter valued at approximately $29,000. Assetmark Inc. purchased a new position in Pacer Global Cash Cows Dividend ETF during the third quarter worth $35,000. Valley National Advisers Inc. increased its position in Pacer Global Cash Cows Dividend ETF by 242.7% during the third quarter. Valley National Advisers Inc. now owns 2,087 shares of the company’s stock worth $75,000 after buying an additional 1,478 shares in the last quarter. Eastern Bank purchased a new position in Pacer Global Cash Cows Dividend ETF during the third quarter worth $105,000. Finally, Centaurus Financial Inc. increased its position in Pacer Global Cash Cows Dividend ETF by 23.0% during the second quarter. Centaurus Financial Inc. now owns 3,661 shares of the company’s stock worth $123,000 after buying an additional 685 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Down 0.3 %

Pacer Global Cash Cows Dividend ETF stock opened at $34.73 on Friday. The business’s fifty day moving average is $35.32 and its two-hundred day moving average is $35.21. The stock has a market capitalization of $1.95 billion, a P/E ratio of 6.24 and a beta of 0.63.

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.