Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Short Interest Down 44.2% in July

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 117,570 shares, a decrease of 44.2% from the June 30th total of 210,523 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 336,477 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Pacer Global Cash Cows Dividend ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hamilton Wealth LLC grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 231.8% during the first quarter. Hamilton Wealth LLC now owns 1,271,100 shares of the company’s stock valued at $58,776,000 after purchasing an additional 888,023 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 47.0% in the 1st quarter. Royal Bank of Canada now owns 1,707,738 shares of the company’s stock worth $78,966,000 after purchasing an additional 546,241 shares during the last quarter. Bank of America Corp DE boosted its position 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 purchasing an additional 398,111 shares during the period. Stratos Wealth Partners LTD. boosted its position in Pacer Global Cash Cows Dividend ETF by 964.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 292,781 shares of the company’s stock valued at $12,068,000 after purchasing an additional 265,273 shares during the period. Finally, Cetera Investment Advisers grew its stake in Pacer Global Cash Cows Dividend ETF by 23.6% during the 4th quarter. Cetera Investment Advisers now owns 1,286,963 shares of the company’s stock worth $53,049,000 after buying an additional 245,444 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Pacer Global Cash Cows Dividend ETF stock opened at $46.31 on Wednesday. Pacer Global Cash Cows Dividend ETF has a 1 year low of $37.96 and a 1 year high of $47.57. The firm’s 50-day moving average is $44.85 and its 200-day moving average is $45.20. The company has a market cap of $2.82 billion, a P/E ratio of 12.82 and a beta of 0.69.

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.