IFP Advisors Inc Increases Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

IFP Advisors Inc increased its holdings in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 19.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,026 shares of the company’s stock after buying an additional 11,875 shares during the quarter. IFP Advisors Inc owned 0.13% of Pacer Global Cash Cows Dividend ETF worth $2,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. World Equity Group Inc. grew its stake in Pacer Global Cash Cows Dividend ETF by 100.0% during the 4th quarter. World Equity Group Inc. now owns 13,882 shares of the company’s stock worth $468,000 after buying an additional 6,941 shares during the last quarter. Lane & Associates LLC grew its stake in Pacer Global Cash Cows Dividend ETF by 25.7% during the 4th quarter. Lane & Associates LLC now owns 32,293 shares of the company’s stock worth $1,121,000 after buying an additional 6,597 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in Pacer Global Cash Cows Dividend ETF by 1.4% during the 4th quarter. Atria Wealth Solutions Inc. now owns 58,991 shares of the company’s stock worth $2,007,000 after buying an additional 799 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in Pacer Global Cash Cows Dividend ETF by 321.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 80,658 shares of the company’s stock worth $2,721,000 after buying an additional 61,537 shares during the last quarter. Finally, Investment Partners Asset Management Inc. grew its stake in Pacer Global Cash Cows Dividend ETF by 11.8% during the 4th quarter. Investment Partners Asset Management Inc. now owns 43,348 shares of the company’s stock worth $1,463,000 after buying an additional 4,567 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Trading Up 8.3 %

Shares of GCOW stock opened at $36.57 on Wednesday. The stock’s fifty day simple moving average is $34.59 and its two-hundred day simple moving average is $35.24. The stock has a market cap of $2.05 billion, a P/E ratio of 6.24 and a beta of 0.63.

Pacer Global Cash Cows Dividend ETF Company 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.