Sovran Advisors LLC Takes Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Sovran Advisors LLC purchased a new position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 19,756 shares of the company’s stock, valued at approximately $667,000.

Other hedge funds also recently bought and sold shares of the company. Schmidt P J Investment Management Inc. raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 5.9% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 6,217 shares of the company’s stock worth $210,000 after buying an additional 345 shares during the period. Comprehensive Financial Consultants Institutional Inc. increased its holdings in Pacer Global Cash Cows Dividend ETF by 3.4% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 14,504 shares of the company’s stock worth $529,000 after acquiring an additional 483 shares in the last quarter. World Equity Group Inc. raised its position in Pacer Global Cash Cows Dividend ETF by 9.0% during the third quarter. World Equity Group Inc. now owns 6,941 shares of the company’s stock worth $253,000 after acquiring an additional 576 shares during the period. Opal Wealth Advisors LLC lifted its holdings in Pacer Global Cash Cows Dividend ETF by 4.3% during the third quarter. Opal Wealth Advisors LLC now owns 14,538 shares of the company’s stock valued at $530,000 after purchasing an additional 606 shares in the last quarter. Finally, CENTRAL TRUST Co purchased a new position in Pacer Global Cash Cows Dividend ETF during the third quarter valued at $29,000.

Pacer Global Cash Cows Dividend ETF Stock Up 5.0 %

GCOW stock opened at $35.47 on Wednesday. The stock’s 50 day moving average is $34.38 and its 200-day moving average is $35.14. The stock has a market capitalization of $1.99 billion, a PE ratio of 6.24 and a beta of 0.63.

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.