NewEdge Advisors LLC Boosts Holdings in Pacer Global Cash Cows Dividend ETF $GCOW

NewEdge Advisors LLC boosted its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 0.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 62,497 shares of the company’s stock after purchasing an additional 359 shares during the quarter. NewEdge Advisors LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $2,311,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of GCOW. Beacon Harbor Wealth Advisors Inc. purchased a new stake in Pacer Global Cash Cows Dividend ETF in the 1st quarter worth approximately $11,980,000. LPL Financial LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 13.0% in the 1st quarter. LPL Financial LLC now owns 2,771,142 shares of the company’s stock worth $102,477,000 after purchasing an additional 317,745 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Pacer Global Cash Cows Dividend ETF by 17.1% in the 1st quarter. Raymond James Financial Inc. now owns 1,941,451 shares of the company’s stock worth $71,795,000 after purchasing an additional 284,177 shares in the last quarter. Calton & Associates Inc. purchased a new stake in Pacer Global Cash Cows Dividend ETF in the 1st quarter worth approximately $5,897,000. Finally, Convergence Financial LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF in the 1st quarter worth approximately $3,698,000.

Pacer Global Cash Cows Dividend ETF Price Performance

BATS GCOW opened at $39.98 on Friday. Pacer Global Cash Cows Dividend ETF has a 1 year low of $32.52 and a 1 year high of $39.69. The stock has a market capitalization of $2.44 billion, a PE ratio of 12.82 and a beta of 0.69. The company’s 50 day simple moving average is $39.28 and its two-hundred day simple moving average is $37.69.

Pacer Global Cash Cows Dividend ETF Company 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.