Modern Wealth Management LLC Has $1.97 Million Stock Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Modern Wealth Management LLC lowered its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 64.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 55,687 shares of the company’s stock after selling 98,869 shares during the quarter. Modern Wealth Management LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,969,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. LRI Investments LLC lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 8.9% during the 3rd quarter. LRI Investments LLC now owns 36,582 shares of the company’s stock valued at $1,263,000 after buying an additional 3,000 shares during the last quarter. FMR LLC raised its position in Pacer Global Cash Cows Dividend ETF by 51.1% during the third quarter. FMR LLC now owns 3,778 shares of the company’s stock valued at $138,000 after acquiring an additional 1,278 shares in the last quarter. Park Avenue Securities LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 38.3% in the fourth quarter. Park Avenue Securities LLC now owns 9,990 shares of the company’s stock valued at $337,000 after acquiring an additional 2,768 shares during the last quarter. HighTower Advisors LLC grew its position in Pacer Global Cash Cows Dividend ETF by 26.2% in the third quarter. HighTower Advisors LLC now owns 51,028 shares of the company’s stock worth $1,867,000 after acquiring an additional 10,595 shares in the last quarter. Finally, Cozad Asset Management Inc. grew its position in Pacer Global Cash Cows Dividend ETF by 15.3% in the fourth quarter. Cozad Asset Management Inc. now owns 19,752 shares of the company’s stock worth $666,000 after acquiring an additional 2,620 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Trading Up 10.2 %

Pacer Global Cash Cows Dividend ETF stock opened at $37.23 on Wednesday. Pacer Global Cash Cows Dividend ETF has a 1-year low of $33.34 and a 1-year high of $37.71. The firm’s fifty day simple moving average is $35.86 and its 200-day simple moving average is $35.42. The company has a market capitalization of $2.17 billion, a P/E ratio of 13.67 and a beta of 0.80.

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.