Commonwealth Equity Services LLC Cuts Holdings in Pacer Global Cash Cows Dividend ETF $GCOW

Commonwealth Equity Services LLC lowered its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 15.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 317,707 shares of the company’s stock after selling 58,824 shares during the period. Commonwealth Equity Services LLC owned about 0.52% of Pacer Global Cash Cows Dividend ETF worth $12,588,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Laurel Wealth Advisors LLC raised its holdings in Pacer Global Cash Cows Dividend ETF by 3,777.3% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,776,709 shares of the company’s stock worth $105,432,000 after purchasing an additional 2,705,095 shares during the period. Bank of America Corp DE raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 5.7% during the 2nd quarter. Bank of America Corp DE now owns 7,399,953 shares of the company’s stock worth $280,976,000 after buying an additional 398,111 shares during the period. Karpus Management Inc. purchased a new position in shares of Pacer Global Cash Cows Dividend ETF during the 2nd quarter valued at approximately $8,981,000. Steward Partners Investment Advisory LLC lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 1,200.9% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 246,274 shares of the company’s stock valued at $9,351,000 after buying an additional 227,343 shares in the last quarter. Finally, Orion Porfolio Solutions LLC grew its stake in Pacer Global Cash Cows Dividend ETF by 72.6% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 523,150 shares of the company’s stock valued at $19,864,000 after acquiring an additional 220,061 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of BATS GCOW opened at $41.87 on Friday. The firm has a fifty day moving average of $41.35 and a 200 day moving average of $40.06. The firm has a market cap of $2.55 billion, a PE ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a one year low of $32.52 and a one year high of $39.69.

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.