Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Reaches New 1-Year High – Here’s What Happened

Pacer Global Cash Cows Dividend ETF (BATS:GCOW)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $46.94 and last traded at $46.88, with a volume of 13856 shares. The stock had previously closed at $46.67.

Pacer Global Cash Cows Dividend ETF Trading Up 0.1%

The company’s 50-day moving average is $43.61 and its two-hundred day moving average is $41.43. The stock has a market capitalization of $2.87 billion, a P/E ratio of 12.82 and a beta of 0.69.

Hedge Funds Weigh In On Pacer Global Cash Cows Dividend ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GCOW. CWM LLC boosted its position in Pacer Global Cash Cows Dividend ETF by 38.0% during the 3rd quarter. CWM LLC now owns 944 shares of the company’s stock worth $37,000 after acquiring an additional 260 shares during the period. Anchor Investment Management LLC grew its position in Pacer Global Cash Cows Dividend ETF by 2.8% in the 3rd quarter. Anchor Investment Management LLC now owns 9,534 shares of the company’s stock valued at $378,000 after buying an additional 262 shares in the last quarter. Farther Finance Advisors LLC grew its position in Pacer Global Cash Cows Dividend ETF by 5.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,454 shares of the company’s stock valued at $216,000 after buying an additional 289 shares in the last quarter. JBR Co Financial Management Inc increased its stake in Pacer Global Cash Cows Dividend ETF by 0.9% during the 3rd quarter. JBR Co Financial Management Inc now owns 33,783 shares of the company’s stock valued at $1,338,000 after buying an additional 290 shares during the period. Finally, Flagship Harbor Advisors LLC raised its position in shares of Pacer Global Cash Cows Dividend ETF by 1.7% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 17,570 shares of the company’s stock worth $696,000 after buying an additional 300 shares in the last quarter.

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.