Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Short Interest Down 52.2% in August

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 74,677 shares, a decrease of 52.2% from the August 15th total of 156,360 shares. Based on an average daily volume of 242,137 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Pacer Global Cash Cows Dividend ETF Trading Down 0.3%

BATS GCOW opened at $46.76 on Wednesday. The stock has a fifty day simple moving average of $46.34 and a 200-day simple moving average of $45.81. The stock has a market cap of $2.85 billion, a PE ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a twelve month low of $39.02 and a twelve month high of $48.06.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of GCOW. Hamilton Wealth LLC increased its stake in Pacer Global Cash Cows Dividend ETF by 231.8% during the 1st quarter. Hamilton Wealth LLC now owns 1,271,100 shares of the company’s stock worth $58,776,000 after buying an additional 888,023 shares during the period. Royal Bank of Canada boosted its position in Pacer Global Cash Cows Dividend ETF by 47.0% in the 1st quarter. Royal Bank of Canada now owns 1,707,738 shares of the company’s stock valued at $78,966,000 after buying an additional 546,241 shares during the period. Ocean Park Asset Management LLC purchased a new position in Pacer Global Cash Cows Dividend ETF in the 1st quarter valued at approximately $11,272,000. LPL Financial LLC grew its stake in shares of Pacer Global Cash Cows Dividend ETF by 6.6% in the fourth quarter. LPL Financial LLC now owns 3,301,076 shares of the company’s stock worth $136,070,000 after acquiring an additional 203,855 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Pacer Global Cash Cows Dividend ETF by 15.2% during the first quarter. Cetera Investment Advisers now owns 1,482,311 shares of the company’s stock worth $68,542,000 after acquiring an additional 195,348 shares during the period.

Pacer Global Cash Cows Dividend ETF Company 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.