Financial Management Network Inc. Lowers Stock Holdings in Pacer Global Cash Cows Dividend ETF $GCOW

Financial Management Network Inc. reduced its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 7.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 243,531 shares of the company’s stock after selling 18,302 shares during the quarter. Pacer Global Cash Cows Dividend ETF comprises about 1.6% of Financial Management Network Inc.’s holdings, making the stock its 13th biggest holding. Financial Management Network Inc. owned 0.40% of Pacer Global Cash Cows Dividend ETF worth $10,153,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Murphy & Mullick Capital Management Corp lifted its stake in Pacer Global Cash Cows Dividend ETF by 200.0% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 750 shares of the company’s stock worth $30,000 after purchasing an additional 500 shares in the last quarter. CWM LLC grew its position in shares of Pacer Global Cash Cows Dividend ETF by 38.0% during the 3rd quarter. CWM LLC now owns 944 shares of the company’s stock valued at $37,000 after purchasing an additional 260 shares in the last quarter. Wolff Wiese Magana LLC grew its position in shares of Pacer Global Cash Cows Dividend ETF by 79.4% during the 3rd quarter. Wolff Wiese Magana LLC now owns 956 shares of the company’s stock valued at $38,000 after purchasing an additional 423 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of Pacer Global Cash Cows Dividend ETF by 80.9% in the third quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock worth $40,000 after purchasing an additional 454 shares during the period. Finally, Bank of Montreal Can increased its holdings in shares of Pacer Global Cash Cows Dividend ETF by 262.3% in the second quarter. Bank of Montreal Can now owns 1,087 shares of the company’s stock worth $41,000 after purchasing an additional 787 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of GCOW stock opened at $44.86 on Monday. The company has a market capitalization of $2.73 billion, a PE ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a 52-week low of $32.51 and a 52-week high of $47.57. The business’s fifty day moving average is $45.06 and its 200 day moving average is $42.18.

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.