Pacer Global Cash Cows Dividend ETF $GCOW Stake Lessened by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. cut its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 95.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 136,417 shares of the company’s stock after selling 2,981,834 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $5,623,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Murphy & Mullick Capital Management Corp increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 200.0% in the third quarter. Murphy & Mullick Capital Management Corp now owns 750 shares of the company’s stock worth $30,000 after acquiring an additional 500 shares during the last quarter. Larson Financial Group LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 80.9% in the third quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock worth $40,000 after acquiring an additional 454 shares during the last quarter. Smartleaf Asset Management LLC acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the second quarter worth $62,000. Private Trust Co. NA increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 60.0% in the fourth quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock worth $66,000 after acquiring an additional 600 shares during the last quarter. Finally, Lodestone Wealth Management LLC acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the fourth quarter worth $77,000.

Pacer Global Cash Cows Dividend ETF Trading Down 0.3%

BATS GCOW opened at $46.64 on Friday. Pacer Global Cash Cows Dividend ETF has a 1-year low of $37.19 and a 1-year high of $47.57. The company has a market capitalization of $2.84 billion, a PE ratio of 12.82 and a beta of 0.69. The firm’s fifty day simple moving average is $45.95 and its 200-day simple moving average is $44.06.

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.