Schmidt P J Investment Management Inc. Lowers Stock Holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Schmidt P J Investment Management Inc. trimmed its position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 5.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,872 shares of the company’s stock after selling 344 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $214,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GCOW. Strategic Financial Concepts LLC boosted its holdings in Pacer Global Cash Cows Dividend ETF by 663.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 665,386 shares of the company’s stock valued at $224,000 after acquiring an additional 578,201 shares during the period. Cetera Investment Advisers boosted its holdings in Pacer Global Cash Cows Dividend ETF by 1,133.7% during the 1st quarter. Cetera Investment Advisers now owns 422,881 shares of the company’s stock valued at $14,674,000 after acquiring an additional 388,603 shares during the period. Jane Street Group LLC boosted its holdings in Pacer Global Cash Cows Dividend ETF by 114.7% during the 1st quarter. Jane Street Group LLC now owns 650,409 shares of the company’s stock valued at $22,569,000 after acquiring an additional 347,428 shares during the period. Raymond James & Associates boosted its holdings in Pacer Global Cash Cows Dividend ETF by 61.5% during the 3rd quarter. Raymond James & Associates now owns 680,007 shares of the company’s stock valued at $24,813,000 after acquiring an additional 258,916 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Pacer Global Cash Cows Dividend ETF by 3.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,794,002 shares of the company’s stock valued at $127,934,000 after acquiring an additional 121,854 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Up 0.1 %

Shares of GCOW opened at $35.56 on Friday. The firm has a 50-day moving average of $36.07 and a 200-day moving average of $35.10. The stock has a market cap of $1.99 billion, a PE ratio of 6.24 and a beta of 0.63.

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.