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

Schmidt P J Investment Management Inc. decreased its holdings in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 5.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. KMG Fiduciary Partners LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF during the third quarter valued at approximately $969,000. Bleakley Financial Group LLC raised its position in Pacer Global Cash Cows Dividend ETF by 6.2% during the third quarter. Bleakley Financial Group LLC now owns 28,962 shares of the company’s stock valued at $1,057,000 after purchasing an additional 1,681 shares during the period. MY Wealth Management Inc. raised its position in Pacer Global Cash Cows Dividend ETF by 0.8% during the second quarter. MY Wealth Management Inc. now owns 137,894 shares of the company’s stock valued at $4,650,000 after purchasing an additional 1,156 shares during the period. Sanctuary Advisors LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF during the second quarter valued at approximately $601,000. Finally, Cooper Financial Group raised its position in Pacer Global Cash Cows Dividend ETF by 5.0% during the second quarter. Cooper Financial Group now owns 9,826 shares of the company’s stock valued at $331,000 after purchasing an additional 470 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of GCOW stock opened at $35.56 on Friday. The company’s 50-day moving average is $36.07 and its 200 day moving average is $35.10. The stock has a market capitalization of $1.99 billion, a P/E ratio of 6.24 and a beta of 0.63.

Pacer Global Cash Cows Dividend ETF 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.