Financial Management Network Inc. Cuts Stake in Pacer Global Cash Cows Dividend ETF $GCOW

Financial Management Network Inc. reduced its holdings in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 8.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 222,462 shares of the company’s stock after selling 21,069 shares during the period. Pacer Global Cash Cows Dividend ETF comprises approximately 1.6% of Financial Management Network Inc.’s portfolio, making the stock its 16th biggest holding. Financial Management Network Inc. owned about 0.36% of Pacer Global Cash Cows Dividend ETF worth $10,324,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. BCS Wealth Management grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 97.8% during the 4th quarter. BCS Wealth Management now owns 66,774 shares of the company’s stock valued at $2,752,000 after purchasing an additional 33,023 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in Pacer Global Cash Cows Dividend ETF by 964.3% in the 4th 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. Clear Creek Financial Management LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 100.2% in the fourth quarter. Clear Creek Financial Management LLC now owns 36,559 shares of the company’s stock worth $1,507,000 after purchasing an additional 18,300 shares during the last quarter. Cary Street Partners Financial LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 46.4% in the third quarter. Cary Street Partners Financial LLC now owns 35,686 shares of the company’s stock worth $1,414,000 after purchasing an additional 11,310 shares during the last quarter. Finally, Belpointe Asset Management LLC boosted its position in Pacer Global Cash Cows Dividend ETF by 401.9% during the fourth quarter. Belpointe Asset Management LLC now owns 55,600 shares of the company’s stock valued at $2,292,000 after buying an additional 44,521 shares during the period.

Pacer Global Cash Cows Dividend ETF Trading Down 0.5%

Shares of BATS:GCOW opened at $43.44 on Tuesday. The stock’s 50-day moving average price is $45.73 and its 200-day moving average price is $44.74. Pacer Global Cash Cows Dividend ETF has a 12-month low of $37.37 and a 12-month high of $47.57. The stock has a market capitalization of $2.65 billion, a P/E ratio of 12.82 and a beta of 0.69.

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.