Financial Management Network Inc. Sells 21,069 Shares of Pacer Global Cash Cows Dividend ETF $GCOW

Financial Management Network Inc. trimmed its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 8.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 222,462 shares of the company’s stock after selling 21,069 shares during the quarter. Pacer Global Cash Cows Dividend ETF accounts for approximately 1.6% of Financial Management Network Inc.’s holdings, making the stock its 16th biggest holding. Financial Management Network Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $10,324,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in Pacer Global Cash Cows Dividend ETF by 5.7% during the 2nd quarter. Bank of America Corp DE now owns 7,399,953 shares of the company’s stock valued at $280,976,000 after buying an additional 398,111 shares during the last quarter. Hamilton Wealth LLC grew its holdings in Pacer Global Cash Cows Dividend ETF by 237.0% in the 4th quarter. Hamilton Wealth LLC now owns 383,077 shares of the company’s stock worth $15,790,000 after acquiring an additional 269,392 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in Pacer Global Cash Cows Dividend ETF by 964.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 292,781 shares of the company’s stock worth $12,068,000 after acquiring an additional 265,273 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Pacer Global Cash Cows Dividend ETF by 23.6% in the fourth quarter. Cetera Investment Advisers now owns 1,286,963 shares of the company’s stock valued at $53,049,000 after acquiring an additional 245,444 shares during the period. Finally, Ocean Park Asset Management LLC purchased a new position in shares of Pacer Global Cash Cows Dividend ETF in the first quarter valued at about $11,272,000.

Pacer Global Cash Cows Dividend ETF Price Performance

BATS GCOW opened at $43.44 on Tuesday. Pacer Global Cash Cows Dividend ETF has a 1 year low of $37.37 and a 1 year high of $47.57. The stock has a market capitalization of $2.65 billion, a PE ratio of 12.82 and a beta of 0.69. The business’s 50-day moving average is $45.73 and its 200 day moving average is $44.74.

About Pacer Global Cash Cows Dividend ETF

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.