Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Stock Position Reduced by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC decreased its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 17.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,301 shares of the company’s stock after selling 12,515 shares during the quarter. Gladstone Institutional Advisory LLC owned approximately 0.10% of Pacer Global Cash Cows Dividend ETF worth $1,967,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. CENTRAL TRUST Co acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF during the 3rd quarter valued at about $29,000. Assetmark Inc. acquired a new stake in Pacer Global Cash Cows Dividend ETF in the third quarter valued at approximately $35,000. Valley National Advisers Inc. grew its position in Pacer Global Cash Cows Dividend ETF by 242.7% in the third quarter. Valley National Advisers Inc. now owns 2,087 shares of the company’s stock worth $75,000 after acquiring an additional 1,478 shares in the last quarter. Eastern Bank bought a new stake in Pacer Global Cash Cows Dividend ETF in the third quarter worth approximately $105,000. Finally, FMR LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 51.1% during the 3rd quarter. FMR LLC now owns 3,778 shares of the company’s stock worth $138,000 after purchasing an additional 1,278 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

GCOW stock opened at $35.55 on Thursday. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 6.24 and a beta of 0.63. The firm has a 50-day simple moving average of $34.39 and a two-hundred day simple moving average of $35.14.

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.