High Net Worth Advisory Group LLC Lowers Stock Holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

High Net Worth Advisory Group LLC trimmed its holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 26.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,937 shares of the company’s stock after selling 5,609 shares during the period. High Net Worth Advisory Group LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $538,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates grew its stake in shares of 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 buying an additional 258,916 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Pacer Global Cash Cows Dividend ETF by 3.3% in the second 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 last quarter. International Assets Investment Management LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF during the fourth quarter valued at about $2,673,000. Guild Investment Management Inc. purchased a new position in shares of Pacer Global Cash Cows Dividend ETF in the 3rd quarter worth about $2,773,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 12.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 695,703 shares of the company’s stock valued at $23,473,000 after purchasing an additional 74,973 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

GCOW opened at $34.58 on Monday. The business’s 50-day simple moving average is $34.39 and its 200 day simple moving average is $35.12. The firm has a market cap of $1.94 billion, a P/E 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.