Fermata Advisors LLC Cuts Stock Position in Pacer Global Cash Cows Dividend ETF $GCOW

Fermata Advisors LLC cut its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 13.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 94,874 shares of the company’s stock after selling 14,298 shares during the period. Fermata Advisors LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $3,759,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Laurel Wealth Advisors LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 3,777.3% during the second quarter. Laurel Wealth Advisors LLC now owns 2,776,709 shares of the company’s stock worth $105,432,000 after purchasing an additional 2,705,095 shares in the last quarter. Bank of America Corp DE lifted its stake 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 valued at $280,976,000 after buying an additional 398,111 shares in the last quarter. Karpus Management Inc. acquired a new stake in Pacer Global Cash Cows Dividend ETF in the 2nd quarter worth about $8,981,000. Steward Partners Investment Advisory LLC boosted its holdings in Pacer Global Cash Cows Dividend ETF by 1,200.9% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 246,274 shares of the company’s stock worth $9,351,000 after buying an additional 227,343 shares during the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in Pacer Global Cash Cows Dividend ETF by 72.6% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 523,150 shares of the company’s stock worth $19,864,000 after buying an additional 220,061 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of Pacer Global Cash Cows Dividend ETF stock opened at $41.73 on Friday. The stock has a market capitalization of $2.54 billion, a P/E ratio of 12.82 and a beta of 0.69. The business has a 50 day simple moving average of $40.72 and a two-hundred day simple moving average of $39.61. Pacer Global Cash Cows Dividend ETF has a 12 month low of $32.52 and a 12 month high of $39.69.

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.