Novem Group Invests $1.08 Million in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Novem Group purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 32,106 shares of the company’s stock, valued at approximately $1,083,000.

A number of other large investors also recently bought and sold shares of GCOW. Raymond James Financial Inc. purchased a new position in shares of Pacer Global Cash Cows Dividend ETF during the 4th quarter valued at approximately $55,916,000. Strategic Financial Concepts LLC grew its position in Pacer Global Cash Cows Dividend ETF by 3,409.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 671,102 shares of the company’s stock valued at $22,643,000 after buying an additional 651,981 shares during the period. Citadel Advisors LLC purchased a new position in Pacer Global Cash Cows Dividend ETF in the fourth quarter valued at $20,245,000. Stifel Financial Corp raised its position in shares of Pacer Global Cash Cows Dividend ETF by 37.6% in the fourth quarter. Stifel Financial Corp now owns 554,500 shares of the company’s stock worth $18,709,000 after acquiring an additional 151,564 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 56.8% during the 4th quarter. Jones Financial Companies Lllp now owns 317,013 shares of the company’s stock worth $10,696,000 after acquiring an additional 114,796 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Up 11.6%

BATS:GCOW opened at $37.68 on Wednesday. Pacer Global Cash Cows Dividend ETF has a 52 week low of $32.52 and a 52 week high of $37.74. The stock’s 50-day moving average price is $36.29 and its 200-day moving average price is $35.45. The stock has a market capitalization of $2.27 billion, a PE ratio of 12.99 and a beta of 0.70.

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.