Investment Partners Asset Management Inc. increased its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW – Free Report) by 11.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 43,348 shares of the company’s stock after acquiring an additional 4,567 shares during the period. Pacer Global Cash Cows Dividend ETF makes up about 1.1% of Investment Partners Asset Management Inc.’s investment portfolio, making the stock its 21st largest position. Investment Partners Asset Management Inc.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,463,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. CENTRAL TRUST Co bought a new stake in Pacer Global Cash Cows Dividend ETF in the third quarter worth about $29,000. Assetmark Inc. acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the 3rd quarter worth approximately $35,000. Valley National Advisers Inc. grew its stake in shares of Pacer Global Cash Cows Dividend ETF by 242.7% in the 3rd quarter. Valley National Advisers Inc. now owns 2,087 shares of the company’s stock worth $75,000 after purchasing an additional 1,478 shares during the last quarter. Eastern Bank bought a new stake in shares of Pacer Global Cash Cows Dividend ETF in the 3rd quarter worth approximately $105,000. Finally, FMR LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 51.1% during the third quarter. FMR LLC now owns 3,778 shares of the company’s stock valued at $138,000 after purchasing an additional 1,278 shares during the last quarter.
Pacer Global Cash Cows Dividend ETF Stock Up 5.3 %
Shares of BATS:GCOW opened at $35.55 on Thursday. The company has a market capitalization of $1.99 billion, a PE ratio of 6.24 and a beta of 0.63. The business’s fifty day simple moving average is $34.39 and its 200 day simple moving average is $35.14.
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.
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Want to see what other hedge funds are holding GCOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer Global Cash Cows Dividend ETF (BATS:GCOW – Free Report).
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