Short Interest in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Drops By 44.2%

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 117,570 shares, a decrease of 44.2% from the June 30th total of 210,523 shares. Based on an average daily volume of 336,477 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Hamilton Wealth LLC grew its position in shares of Pacer Global Cash Cows Dividend ETF by 231.8% in the 1st quarter. Hamilton Wealth LLC now owns 1,271,100 shares of the company’s stock worth $58,776,000 after acquiring an additional 888,023 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of 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 acquiring an additional 546,241 shares during the last quarter. Bank of America Corp DE raised its position in shares of Pacer Global Cash Cows Dividend ETF by 5.7% during the 2nd quarter. Bank of America Corp DE now owns 7,399,953 shares of the company’s stock valued at $280,976,000 after acquiring an additional 398,111 shares in the last quarter. Stratos Wealth Partners LTD. raised its position in shares of Pacer Global Cash Cows Dividend ETF by 964.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 292,781 shares of the company’s stock valued at $12,068,000 after acquiring an additional 265,273 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Pacer Global Cash Cows Dividend ETF by 23.6% during the 4th quarter. Cetera Investment Advisers now owns 1,286,963 shares of the company’s stock valued at $53,049,000 after acquiring an additional 245,444 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Trading Up 1.8%

GCOW stock opened at $46.31 on Wednesday. Pacer Global Cash Cows Dividend ETF has a twelve month low of $37.96 and a twelve month high of $47.57. The company has a market capitalization of $2.82 billion, a P/E ratio of 12.82 and a beta of 0.69. The firm has a 50 day simple moving average of $44.85 and a 200-day simple moving average of $45.20.

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.