Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Short Interest Update

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 210,523 shares, a growth of 156.2% from the June 15th total of 82,172 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 274,602 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Hamilton Wealth LLC increased its holdings in 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 lifted its holdings in Pacer Global Cash Cows Dividend ETF by 47.0% during the first quarter. Royal Bank of Canada now owns 1,707,738 shares of the company’s stock valued at $78,966,000 after purchasing an additional 546,241 shares in the last quarter. Bank of America Corp DE lifted its holdings in Pacer Global Cash Cows Dividend ETF by 5.7% during the second quarter. Bank of America Corp DE now owns 7,399,953 shares of the company’s stock valued at $280,976,000 after purchasing an additional 398,111 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 964.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 292,781 shares of the company’s stock worth $12,068,000 after purchasing an additional 265,273 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 23.6% in the fourth quarter. Cetera Investment Advisers now owns 1,286,963 shares of the company’s stock worth $53,049,000 after purchasing an additional 245,444 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Performance

BATS GCOW opened at $44.44 on Thursday. The company has a market capitalization of $2.71 billion, a PE ratio of 12.82 and a beta of 0.69. The business’s fifty day moving average is $45.01 and its 200 day moving average is $44.98. Pacer Global Cash Cows Dividend ETF has a fifty-two week low of $37.96 and a fifty-two week high of $47.57.

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.