BCS Wealth Management Cuts Stock Holdings in Pacer Global Cash Cows Dividend ETF $GCOW

BCS Wealth Management lowered its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 48.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,261 shares of the company’s stock after selling 32,513 shares during the period. BCS Wealth Management’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in GCOW. Bank of America Corp DE grew its position in shares of 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 worth $280,976,000 after buying an additional 398,111 shares in the last quarter. Hamilton Wealth LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 237.0% during the fourth quarter. Hamilton Wealth LLC now owns 383,077 shares of the company’s stock worth $15,790,000 after buying an additional 269,392 shares during the period. Stratos Wealth Partners LTD. raised its holdings in 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 valued at $12,068,000 after acquiring an additional 265,273 shares in the last quarter. Cetera Investment Advisers raised its holdings in 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 valued at $53,049,000 after acquiring an additional 245,444 shares in the last quarter. Finally, Ocean Park Asset Management LLC purchased a new position in Pacer Global Cash Cows Dividend ETF in the first quarter worth approximately $11,272,000.

Pacer Global Cash Cows Dividend ETF Stock Performance

Pacer Global Cash Cows Dividend ETF stock opened at $43.44 on Wednesday. The stock has a market cap of $2.65 billion, a P/E ratio of 12.82 and a beta of 0.69. The company has a fifty day simple moving average of $45.67 and a 200-day simple moving average of $44.75. Pacer Global Cash Cows Dividend ETF has a 12-month low of $37.37 and a 12-month 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.