Stephens Inc. AR Sells 7,472 Shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Stephens Inc. AR lessened its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 15.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 40,625 shares of the company’s stock after selling 7,472 shares during the quarter. Stephens Inc. AR’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,482,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CENTRAL TRUST Co purchased a new position in shares of Pacer Global Cash Cows Dividend ETF during the third quarter worth approximately $29,000. Valley National Advisers Inc. increased its holdings in Pacer Global Cash Cows Dividend ETF by 242.7% during the 3rd quarter. Valley National Advisers Inc. now owns 2,087 shares of the company’s stock worth $75,000 after purchasing an additional 1,478 shares during the period. Cambridge Trust Co. purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF in the 1st quarter worth $100,000. Eastern Bank purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF in the 3rd quarter worth $105,000. Finally, Centaurus Financial Inc. increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 23.0% during the second quarter. Centaurus Financial Inc. now owns 3,661 shares of the company’s stock valued at $123,000 after buying an additional 685 shares during the period.

Pacer Global Cash Cows Dividend ETF Price Performance

GCOW stock opened at $35.36 on Tuesday. The company has a fifty day moving average price of $36.04 and a 200-day moving average price of $35.16. The company has a market capitalization of $1.98 billion, a P/E ratio of 6.24 and a beta of 0.63.

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.