Cetera Investment Advisers Increases Stock Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Cetera Investment Advisers lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 4.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 393,855 shares of the company’s stock after purchasing an additional 15,975 shares during the period. Cetera Investment Advisers’ holdings in Pacer Global Cash Cows Dividend ETF were worth $13,289,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC increased its holdings in Pacer Global Cash Cows Dividend ETF by 2.1% in the fourth quarter. LPL Financial LLC now owns 2,453,397 shares of the company’s stock valued at $82,778,000 after buying an additional 49,871 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Pacer Global Cash Cows Dividend ETF during the fourth quarter worth $55,916,000. Janney Montgomery Scott LLC boosted its position in Pacer Global Cash Cows Dividend ETF by 12.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 695,703 shares of the company’s stock worth $23,473,000 after purchasing an additional 74,973 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in Pacer Global Cash Cows Dividend ETF by 3,409.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 671,102 shares of the company’s stock valued at $22,643,000 after purchasing an additional 651,981 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of Pacer Global Cash Cows Dividend ETF in the fourth quarter valued at $20,245,000.

Pacer Global Cash Cows Dividend ETF Trading Up 8.9 %

Shares of BATS GCOW opened at $36.79 on Friday. The company’s 50-day moving average price is $36.29 and its 200 day moving average price is $35.37. Pacer Global Cash Cows Dividend ETF has a 52 week low of $32.52 and a 52 week high of $37.71. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 13.04 and a beta of 0.70.

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.