Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Hits New 52-Week High – Still a Buy?

Pacer Global Cash Cows Dividend ETF (BATS:GCOWGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as $48.05 and last traded at $47.96, with a volume of 320242 shares changing hands. The stock had previously closed at $47.91.

Pacer Global Cash Cows Dividend ETF Price Performance

The firm’s 50 day simple moving average is $45.39 and its two-hundred day simple moving average is $45.77. The firm has a market capitalization of $2.91 billion, a P/E ratio of 12.82 and a beta of 0.69.

Institutional Trading of Pacer Global Cash Cows Dividend ETF

Several hedge funds and other institutional investors have recently bought and sold shares of GCOW. Abound Wealth Management purchased a new position in shares of Pacer Global Cash Cows Dividend ETF in the second quarter worth $27,000. Compass Financial Management LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF during the 2nd quarter valued at $30,000. Merkkuri Wealth Advisors LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF during the 1st quarter valued at $39,000. Larson Financial Group LLC boosted its position in Pacer Global Cash Cows Dividend ETF by 80.9% during the 3rd quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock valued at $40,000 after buying an additional 454 shares during the period. Finally, Smartleaf Asset Management LLC bought a new stake in Pacer Global Cash Cows Dividend ETF in the 2nd quarter worth $62,000.

Pacer Global Cash Cows Dividend ETF Company Profile

(Get Free Report)

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.

Further Reading

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