MMA Asset Management LLC Has $1.24 Million Stock Position in Pacer Global Cash Cows Dividend ETF $GCOW

MMA Asset Management LLC reduced its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 44.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 30,056 shares of the company’s stock after selling 24,415 shares during the period. MMA Asset Management LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,239,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. CWM LLC grew its stake in Pacer Global Cash Cows Dividend ETF by 38.0% during the third quarter. CWM LLC now owns 944 shares of the company’s stock worth $37,000 after purchasing an additional 260 shares during the period. Anchor Investment Management LLC boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 2.8% during the third quarter. Anchor Investment Management LLC now owns 9,534 shares of the company’s stock valued at $378,000 after buying an additional 262 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 5.6% during the third quarter. Farther Finance Advisors LLC now owns 5,454 shares of the company’s stock valued at $216,000 after buying an additional 289 shares during the last quarter. Flagship Harbor Advisors LLC boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 1.7% during the third quarter. Flagship Harbor Advisors LLC now owns 17,570 shares of the company’s stock valued at $696,000 after buying an additional 300 shares during the last quarter. Finally, Harvest Investment Services LLC boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 2.1% during the third quarter. Harvest Investment Services LLC now owns 15,498 shares of the company’s stock valued at $614,000 after buying an additional 318 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Trading Down 0.9%

Shares of Pacer Global Cash Cows Dividend ETF stock opened at $45.78 on Tuesday. The firm has a market capitalization of $2.79 billion, a P/E ratio of 12.82 and a beta of 0.69. The business’s fifty day simple moving average is $45.97 and its 200 day simple moving average is $43.47. Pacer Global Cash Cows Dividend ETF has a 12 month low of $36.54 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.