Raymond James Financial Inc. Takes $55.92 Million Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Raymond James Financial Inc. purchased a new stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,657,274 shares of the company’s stock, valued at approximately $55,916,000. Raymond James Financial Inc. owned approximately 2.95% of Pacer Global Cash Cows Dividend ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Assetmark Inc. purchased a new position in shares of Pacer Global Cash Cows Dividend ETF in the third quarter valued at $35,000. Valley National Advisers Inc. grew its position in shares of Pacer Global Cash Cows Dividend ETF by 54.5% in the fourth quarter. Valley National Advisers Inc. now owns 3,225 shares of the company’s stock valued at $108,000 after purchasing an additional 1,138 shares in the last quarter. FMR LLC grew 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 worth $138,000 after buying an additional 1,278 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC grew its position in Pacer Global Cash Cows Dividend ETF by 99.6% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 4,890 shares of the company’s stock worth $164,000 after buying an additional 2,440 shares in the last quarter. Finally, SRS Capital Advisors Inc. purchased a new position in Pacer Global Cash Cows Dividend ETF during the fourth quarter worth about $185,000.

Pacer Global Cash Cows Dividend ETF Stock Up 10.8 %

Pacer Global Cash Cows Dividend ETF stock opened at $37.40 on Tuesday. The business has a 50-day simple moving average of $35.02 and a 200 day simple moving average of $35.32. Pacer Global Cash Cows Dividend ETF has a 52 week low of $33.34 and a 52 week high of $37.71. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 12.83 and a beta of 0.80.

Pacer Global Cash Cows Dividend ETF 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.