Belpointe Asset Management LLC Sells 961 Shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Belpointe Asset Management LLC trimmed its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,898 shares of the company’s stock after selling 961 shares during the period. Belpointe Asset Management LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,997,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Schmidt P J Investment Management Inc. lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 5.9% in the 4th quarter. Schmidt P J Investment Management Inc. now owns 6,217 shares of the company’s stock valued at $210,000 after purchasing an additional 345 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in Pacer Global Cash Cows Dividend ETF by 1.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 58,991 shares of the company’s stock worth $2,007,000 after buying an additional 799 shares during the last quarter. Cooper Financial Group grew its position in shares of Pacer Global Cash Cows Dividend ETF by 8.3% during the 4th quarter. Cooper Financial Group now owns 10,559 shares of the company’s stock worth $356,000 after buying an additional 809 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 3.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 25,715 shares of the company’s stock valued at $868,000 after acquiring an additional 856 shares during the last quarter. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF in the 4th quarter valued at approximately $34,000.

Pacer Global Cash Cows Dividend ETF Stock Performance

GCOW opened at $34.98 on Tuesday. Pacer Global Cash Cows Dividend ETF has a twelve month low of $32.52 and a twelve month high of $37.71. The firm has a market cap of $2.07 billion, a PE ratio of 12.57 and a beta of 0.70. The firm’s fifty day moving average is $36.12 and its two-hundred day moving average is $35.34.

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.