NewEdge Advisors LLC Sells 41,793 Shares of Pacer Global Cash Cows Dividend ETF $GCOW

NewEdge Advisors LLC trimmed its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 15.8% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 222,088 shares of the company’s stock after selling 41,793 shares during the period. NewEdge Advisors LLC owned about 0.36% of Pacer Global Cash Cows Dividend ETF worth $10,269,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of GCOW. Merkkuri Wealth Advisors LLC purchased a new position in shares of Pacer Global Cash Cows Dividend ETF in the 1st quarter worth approximately $39,000. Larson Financial Group LLC grew its holdings 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 valued at $40,000 after acquiring an additional 454 shares in the last quarter. Smartleaf Asset Management LLC purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF during the second quarter valued at approximately $62,000. Private Trust Co. NA increased its position in shares of Pacer Global Cash Cows Dividend ETF by 60.0% during the fourth quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock valued at $66,000 after acquiring an additional 600 shares during the last quarter. Finally, Lodestone Wealth Management LLC bought a new stake in Pacer Global Cash Cows Dividend ETF during the fourth quarter worth $77,000.

Pacer Global Cash Cows Dividend ETF Trading Up 0.1%

GCOW stock opened at $46.79 on Friday. The stock’s fifty day simple moving average is $44.86 and its two-hundred day simple moving average is $45.27. Pacer Global Cash Cows Dividend ETF has a 1-year low of $37.96 and a 1-year high of $47.57. The stock has a market cap of $2.85 billion, a P/E ratio of 12.82 and a beta of 0.69.

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.