Waverly Advisors LLC Grows Position in Pacer Global Cash Cows Dividend ETF $GCOW

Waverly Advisors LLC increased its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 30.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,472 shares of the company’s stock after buying an additional 19,901 shares during the quarter. Waverly Advisors LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $3,952,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in shares of Pacer Global Cash Cows Dividend ETF by 189.1% in the second quarter. NewEdge Advisors LLC now owns 180,685 shares of the company’s stock valued at $6,861,000 after acquiring an additional 118,188 shares during the period. Diversify Advisory Services LLC increased its holdings in Pacer Global Cash Cows Dividend ETF by 40.0% during the 2nd quarter. Diversify Advisory Services LLC now owns 11,560 shares of the company’s stock valued at $457,000 after purchasing an additional 3,300 shares during the period. Raymond James Financial Inc. increased its holdings in Pacer Global Cash Cows Dividend ETF by 2.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,986,356 shares of the company’s stock valued at $75,422,000 after purchasing an additional 44,905 shares during the period. Ameriprise Financial Inc. raised its position in Pacer Global Cash Cows Dividend ETF by 6.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 10,645 shares of the company’s stock valued at $404,000 after purchasing an additional 668 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Pacer Global Cash Cows Dividend ETF by 5.7% in the 2nd quarter. Bank of America Corp DE now owns 7,399,953 shares of the company’s stock worth $280,976,000 after buying an additional 398,111 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of GCOW stock opened at $46.76 on Thursday. The firm has a market cap of $2.85 billion, a P/E ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a fifty-two week low of $37.96 and a fifty-two week high of $47.57. The business’s 50 day moving average price is $44.86 and its 200-day moving average price is $45.24.

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.