Laurel Wealth Advisors LLC Increases Stock Position in Pacer Global Cash Cows Dividend ETF $GCOW

Laurel Wealth Advisors LLC grew its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 3,777.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,776,709 shares of the company’s stock after acquiring an additional 2,705,095 shares during the period. Laurel Wealth Advisors LLC owned about 4.56% of Pacer Global Cash Cows Dividend ETF worth $105,432,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in GCOW. Beacon Harbor Wealth Advisors Inc. purchased a new position in shares of Pacer Global Cash Cows Dividend ETF during the first quarter worth $11,980,000. LPL Financial LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 13.0% during the 1st quarter. LPL Financial LLC now owns 2,771,142 shares of the company’s stock worth $102,477,000 after acquiring an additional 317,745 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Pacer Global Cash Cows Dividend ETF by 17.1% during the 1st quarter. Raymond James Financial Inc. now owns 1,941,451 shares of the company’s stock valued at $71,795,000 after acquiring an additional 284,177 shares during the period. Steward Partners Investment Advisory LLC grew its position in Pacer Global Cash Cows Dividend ETF by 1,200.9% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 246,274 shares of the company’s stock valued at $9,351,000 after acquiring an additional 227,343 shares in the last quarter. Finally, AlphaCore Capital LLC grew its position in Pacer Global Cash Cows Dividend ETF by 188.4% in the 2nd quarter. AlphaCore Capital LLC now owns 192,394 shares of the company’s stock valued at $7,305,000 after acquiring an additional 125,675 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of GCOW opened at $40.76 on Tuesday. The company’s 50-day simple moving average is $40.01 and its 200-day simple moving average is $39.09. Pacer Global Cash Cows Dividend ETF has a 1 year low of $32.52 and a 1 year high of $39.69. The stock has a market capitalization of $2.48 billion, a PE ratio of 12.82 and a beta of 0.69.

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.