Sigma Planning Corp Reduces Holdings in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Sigma Planning Corp lowered its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 68.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,383 shares of the company’s stock after selling 33,595 shares during the period. Sigma Planning Corp’s holdings in Pacer Global Cash Cows Dividend ETF were worth $527,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 1,103.1% during the 4th quarter. International Assets Investment Management LLC now owns 1,258,030 shares of the company’s stock worth $43,113,000 after acquiring an additional 1,153,461 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in Pacer Global Cash Cows Dividend ETF by 7.8% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,094,636 shares of the company’s stock worth $37,513,000 after acquiring an additional 78,754 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 13.9% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 1,083,949 shares of the company’s stock valued at $35,272,000 after buying an additional 132,127 shares during the period. Stifel Financial Corp increased its stake in Pacer Global Cash Cows Dividend ETF by 9.3% in the 3rd quarter. Stifel Financial Corp now owns 527,332 shares of the company’s stock valued at $17,159,000 after purchasing an additional 45,026 shares in the last quarter. Finally, Pacer Advisors Inc. increased its position in Pacer Global Cash Cows Dividend ETF by 26.6% during the fourth quarter. Pacer Advisors Inc. now owns 477,022 shares of the company’s stock worth $16,348,000 after buying an additional 100,200 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of BATS:GCOW opened at $34.32 on Friday. The stock has a market capitalization of $1.93 billion, a P/E ratio of 6.13 and a beta of 0.63. The firm has a 50 day simple moving average of $34.25 and a two-hundred day simple moving average of $33.57.

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.