Ocean Park Asset Management LLC Acquires New Position in Pacer Global Cash Cows Dividend ETF $GCOW

Ocean Park Asset Management LLC acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 243,781 shares of the company’s stock, valued at approximately $11,272,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GCOW. Larson Financial Group LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 80.9% in the third quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock worth $40,000 after purchasing an additional 454 shares in the last quarter. Private Trust Co. NA raised its position in shares of Pacer Global Cash Cows Dividend ETF by 60.0% in the fourth quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock valued at $66,000 after purchasing an additional 600 shares during the period. Smartleaf Asset Management LLC bought a new stake in shares of Pacer Global Cash Cows Dividend ETF in the second quarter valued at approximately $62,000. Lodestone Wealth Management LLC purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF during the 4th quarter valued at approximately $77,000. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF during the 4th quarter valued at approximately $87,000.

Pacer Global Cash Cows Dividend ETF Stock Performance

GCOW opened at $43.65 on Monday. The company has a 50 day moving average of $45.79 and a 200 day moving average of $44.73. The company has a market cap of $2.66 billion, a PE ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a 12 month low of $37.37 and a 12 month high of $47.57.

About Pacer Global Cash Cows Dividend ETF

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.