Pacer Global Cash Cows Dividend ETF $GCOW Shares Sold by IFP Advisors Inc

IFP Advisors Inc reduced its holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 41.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,589 shares of the company’s stock after selling 29,851 shares during the quarter. IFP Advisors Inc owned 0.07% of Pacer Global Cash Cows Dividend ETF worth $1,648,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GCOW. Bank of America Corp DE boosted its holdings in Pacer Global Cash Cows Dividend ETF by 2.7% during the third quarter. Bank of America Corp DE now owns 7,601,822 shares of the company’s stock worth $301,184,000 after buying an additional 201,869 shares in the last quarter. Laurel Wealth Advisors LLC grew its position in Pacer Global Cash Cows Dividend ETF by 3,777.3% in the second quarter. Laurel Wealth Advisors LLC now owns 2,776,709 shares of the company’s stock worth $105,432,000 after buying an additional 2,705,095 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Pacer Global Cash Cows Dividend ETF by 2.3% in the second quarter. Raymond James Financial Inc. now owns 1,986,356 shares of the company’s stock valued at $75,422,000 after buying an additional 44,905 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Pacer Global Cash Cows Dividend ETF by 17.9% in the third quarter. Jones Financial Companies Lllp now owns 777,671 shares of the company’s stock valued at $30,671,000 after buying an additional 118,238 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 22.1% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 638,677 shares of the company’s stock valued at $25,304,000 after acquiring an additional 115,527 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Down 1.5%

GCOW opened at $44.86 on Friday. The firm has a market cap of $2.73 billion, a PE ratio of 12.82 and a beta of 0.69. The business has a fifty day simple moving average of $45.06 and a 200-day simple moving average of $42.16. Pacer Global Cash Cows Dividend ETF has a fifty-two week low of $32.51 and a fifty-two week high of $47.57.

About Pacer Global Cash Cows Dividend ETF

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.