BCS Wealth Management Buys 9,110 Shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

BCS Wealth Management raised its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 39.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,244 shares of the company’s stock after acquiring an additional 9,110 shares during the quarter. BCS Wealth Management owned approximately 0.06% of Pacer Global Cash Cows Dividend ETF worth $1,088,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its stake 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 purchasing an additional 121,854 shares during the last quarter. Raymond James & Associates lifted its position 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 last quarter. Janney Montgomery Scott LLC grew its stake in shares of Pacer Global Cash Cows Dividend ETF by 5.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 620,730 shares of the company’s stock worth $22,650,000 after acquiring an additional 30,060 shares during the period. Stifel Financial Corp increased its holdings in Pacer Global Cash Cows Dividend ETF by 4.1% in the 3rd quarter. Stifel Financial Corp now owns 402,936 shares of the company’s stock worth $14,703,000 after acquiring an additional 15,911 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Pacer Global Cash Cows Dividend ETF by 0.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 205,191 shares of the company’s stock valued at $6,919,000 after acquiring an additional 1,060 shares during the period.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of BATS:GCOW opened at $33.66 on Tuesday. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 6.24 and a beta of 0.63. The stock’s fifty day simple moving average is $34.57 and its 200-day simple moving average is $35.11.

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.