Envestnet Asset Management Inc. Decreases Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Envestnet Asset Management Inc. lowered its holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 1.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 240,520 shares of the company’s stock after selling 3,111 shares during the period. Envestnet Asset Management Inc. owned about 0.40% of Pacer Global Cash Cows Dividend ETF worth $8,894,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of GCOW. Citadel Advisors LLC acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF in the fourth quarter worth $20,245,000. Stifel Financial Corp boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 37.6% in the fourth quarter. Stifel Financial Corp now owns 554,500 shares of the company’s stock worth $18,709,000 after buying an additional 151,564 shares during the period. Convergence Financial LLC acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF in the first quarter worth $3,698,000. Jane Street Group LLC boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 50.8% in the fourth quarter. Jane Street Group LLC now owns 291,932 shares of the company’s stock worth $9,850,000 after buying an additional 98,353 shares during the period. Finally, Susquehanna International Group LLP boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 964.6% in the fourth quarter. Susquehanna International Group LLP now owns 60,605 shares of the company’s stock worth $2,045,000 after buying an additional 54,912 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Up 13.7%

GCOW opened at $38.41 on Tuesday. Pacer Global Cash Cows Dividend ETF has a 12 month low of $32.52 and a 12 month high of $38.95. The company has a fifty day simple moving average of $37.89 and a 200 day simple moving average of $36.43. The stock has a market cap of $2.34 billion, a P/E ratio of 12.82 and a beta of 0.69.

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.