Lane & Associates LLC Grows Stock Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Lane & Associates LLC grew its holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 25.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 32,293 shares of the company’s stock after acquiring an additional 6,597 shares during the quarter. Lane & Associates LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,121,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Schmidt P J Investment Management Inc. increased its stake in Pacer Global Cash Cows Dividend ETF by 5.9% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 6,217 shares of the company’s stock worth $210,000 after purchasing an additional 345 shares during the period. Comprehensive Financial Consultants Institutional Inc. increased its stake in Pacer Global Cash Cows Dividend ETF by 3.4% in the third quarter. Comprehensive Financial Consultants Institutional Inc. now owns 14,504 shares of the company’s stock worth $529,000 after purchasing an additional 483 shares during the period. World Equity Group Inc. increased its stake in Pacer Global Cash Cows Dividend ETF by 9.0% in the third quarter. World Equity Group Inc. now owns 6,941 shares of the company’s stock worth $253,000 after purchasing an additional 576 shares during the period. Atria Wealth Solutions Inc. increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 1.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 58,991 shares of the company’s stock valued at $2,007,000 after buying an additional 799 shares during the period. Finally, CENTRAL TRUST Co purchased a new position in shares of Pacer Global Cash Cows Dividend ETF during the third quarter valued at $29,000.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of Pacer Global Cash Cows Dividend ETF stock opened at $36.14 on Friday. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 6.24 and a beta of 0.63. The company’s 50 day moving average price is $34.48 and its two-hundred day moving average price is $35.19.

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.