Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Short Interest Update

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 132,690 shares, a growth of 77.7% from the August 31st total of 74,677 shares. Based on an average daily trading volume, of 276,220 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GCOW. Envestnet Asset Management Inc. boosted its holdings in Pacer Global Cash Cows Dividend ETF by 22.6% in the second quarter. Envestnet Asset Management Inc. now owns 450,868 shares of the company’s stock worth $19,302,000 after acquiring an additional 83,248 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF during the second quarter worth $215,000. IFP Advisors Inc grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 0.9% during the second quarter. IFP Advisors Inc now owns 40,944 shares of the company’s stock valued at $1,773,000 after buying an additional 349 shares during the last quarter. Squarepoint Ops LLC purchased a new position in Pacer Global Cash Cows Dividend ETF in the 2nd quarter worth $469,000. Finally, Baird Financial Group Inc. grew its stake in Pacer Global Cash Cows Dividend ETF by 0.9% during the 2nd quarter. Baird Financial Group Inc. now owns 297,982 shares of the company’s stock valued at $12,903,000 after purchasing an additional 2,628 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Down 0.1%

Shares of Pacer Global Cash Cows Dividend ETF stock opened at $45.40 on Tuesday. The company has a market cap of $2.77 billion, a P/E ratio of 12.82 and a beta of 0.69. The firm’s 50 day moving average price is $46.58 and its 200-day moving average price is $45.79. Pacer Global Cash Cows Dividend ETF has a 52-week low of $39.02 and a 52-week high of $48.06.

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.