Novem Group Takes $1.08 Million Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Novem Group purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 32,106 shares of the company’s stock, valued at approximately $1,083,000. Novem Group owned 0.06% of Pacer Global Cash Cows Dividend ETF as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of GCOW. Royal Bank of Canada increased its position in Pacer Global Cash Cows Dividend ETF by 0.6% during the fourth quarter. Royal Bank of Canada now owns 864,979 shares of the company’s stock valued at $29,185,000 after acquiring an additional 5,124 shares during the last quarter. Napa Wealth Management raised its position in Pacer Global Cash Cows Dividend ETF by 95.5% in the 4th quarter. Napa Wealth Management now owns 21,321 shares of the company’s stock worth $719,000 after purchasing an additional 10,417 shares during the period. LRI Investments LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 20.5% in the fourth quarter. LRI Investments LLC now owns 44,082 shares of the company’s stock worth $1,487,000 after purchasing an additional 7,500 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 1.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 916,960 shares of the company’s stock valued at $30,938,000 after buying an additional 15,384 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 4.2% during the 4th quarter. Cetera Investment Advisers now owns 393,855 shares of the company’s stock worth $13,289,000 after acquiring an additional 15,975 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Up 11.6%

GCOW opened at $37.68 on Wednesday. The business has a fifty day moving average of $36.29 and a 200 day moving average of $35.45. Pacer Global Cash Cows Dividend ETF has a 52-week low of $32.52 and a 52-week high of $37.74. The stock has a market cap of $2.27 billion, a P/E ratio of 12.99 and a beta of 0.70.

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.