Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Short Interest Update

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 132,690 shares, a growth of 77.7% from the August 31st total of 74,677 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 276,220 shares, the short-interest ratio is presently 0.5 days.

Pacer Global Cash Cows Dividend ETF Stock Performance

BATS GCOW opened at $44.82 on Wednesday. The stock has a market capitalization of $2.73 billion, a P/E ratio of 12.82 and a beta of 0.69. The business’s fifty day moving average is $46.58 and its two-hundred day moving average is $45.79. Pacer Global Cash Cows Dividend ETF has a 1 year low of $39.02 and a 1 year high of $48.06.

Institutional Investors Weigh In On Pacer Global Cash Cows Dividend ETF

A number of large investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in Pacer Global Cash Cows Dividend ETF by 22.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 450,868 shares of the company’s stock worth $19,302,000 after purchasing an additional 83,248 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of Pacer Global Cash Cows Dividend ETF during the second quarter valued at $215,000. IFP Advisors Inc lifted its stake in Pacer Global Cash Cows Dividend ETF by 0.9% in the 2nd quarter. IFP Advisors Inc now owns 40,944 shares of the company’s stock worth $1,773,000 after acquiring an additional 349 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in Pacer Global Cash Cows Dividend ETF during the 2nd quarter worth about $469,000. Finally, Baird Financial Group Inc. increased its holdings in shares of Pacer Global Cash Cows Dividend ETF by 0.9% in the 2nd quarter. Baird Financial Group Inc. now owns 297,982 shares of the company’s stock valued at $12,903,000 after purchasing an additional 2,628 shares during the period.

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.