Private Advisor Group LLC Has $3.88 Million Holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Private Advisor Group LLC decreased its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 8.3% during the third quarter, HoldingsChannel.com reports. The fund owned 106,286 shares of the company’s stock after selling 9,650 shares during the period. Private Advisor Group LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $3,878,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. PNC Financial Services Group Inc. bought a new stake in shares of Pacer Global Cash Cows Dividend ETF during the 4th quarter worth $95,000. Aviance Capital Partners LLC boosted its holdings in Pacer Global Cash Cows Dividend ETF by 11.5% during the first quarter. Aviance Capital Partners LLC now owns 28,623 shares of the company’s stock valued at $993,000 after acquiring an additional 2,942 shares during the period. New Century Financial Group LLC acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF in the first quarter valued at about $209,000. Janney Montgomery Scott LLC grew its position in shares of Pacer Global Cash Cows Dividend ETF by 26.3% in the first quarter. Janney Montgomery Scott LLC now owns 561,361 shares of the company’s stock valued at $19,479,000 after purchasing an additional 116,901 shares during the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. bought a new position in shares of Pacer Global Cash Cows Dividend ETF in the first quarter worth about $487,000.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of BATS:GCOW opened at $35.43 on Monday. The company has a market cap of $1.99 billion, a P/E ratio of 6.24 and a beta of 0.63. The firm’s fifty day simple moving average is $36.08 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.