Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Short Interest Down 41.9% in April

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 74,793 shares, a decrease of 41.9% from the April 15th total of 128,678 shares. Based on an average daily trading volume, of 341,456 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Pacer Global Cash Cows Dividend ETF Trading Down 0.8%

Shares of GCOW stock opened at $46.01 on Friday. Pacer Global Cash Cows Dividend ETF has a 12 month low of $37.06 and a 12 month high of $47.57. The stock has a market cap of $2.80 billion, a P/E ratio of 12.82 and a beta of 0.69. The company has a 50 day simple moving average of $45.81 and a two-hundred day simple moving average of $43.83.

Institutional Trading of Pacer Global Cash Cows Dividend ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Murphy & Mullick Capital Management Corp increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 200.0% in the third quarter. Murphy & Mullick Capital Management Corp now owns 750 shares of the company’s stock worth $30,000 after purchasing an additional 500 shares in the last quarter. Merkkuri Wealth Advisors LLC purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF in the first quarter worth $39,000. CWM LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 38.0% in the third quarter. CWM LLC now owns 944 shares of the company’s stock worth $37,000 after purchasing an additional 260 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 80.9% during the third quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock worth $40,000 after acquiring an additional 454 shares during the last quarter. Finally, Private Trust Co. NA boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 60.0% during the fourth quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock worth $66,000 after acquiring an additional 600 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Company 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.