Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Hits New 12-Month High – Time to Buy?

Shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW – Get Free Report) hit a new 52-week high during trading on Wednesday. The company traded as high as $48.31 and last traded at $48.1810, with a volume of 16,427 shares trading hands. The stock had previously closed at $47.28.

Pacer Global Cash Cows Dividend ETF Price Performance

The company has a market capitalization of $2.93 billion, a P/E ratio of 12.82 and a beta of 0.69. The company has a fifty day moving average price of $46.33 and a two-hundred day moving average price of $45.79.

Institutional Investors Weigh In On Pacer Global Cash Cows Dividend ETF

Several hedge funds have recently added to or reduced their stakes in GCOW. CoreCap Advisors LLC boosted its position in Pacer Global Cash Cows Dividend ETF by 12.2% during the third quarter. CoreCap Advisors LLC now owns 2,204 shares of the company’s stock valued at $99,000 after acquiring an additional 239 shares during the last quarter. Aviance Capital Partners LLC grew its holdings in Pacer Global Cash Cows Dividend ETF by 0.8% during the 1st quarter. Aviance Capital Partners LLC now owns 30,456 shares of the company’s stock worth $1,408,000 after acquiring an additional 243 shares during the period. Dynamic Financial Group raised its position in shares of Pacer Global Cash Cows Dividend ETF by 3.7% in the 3rd quarter. Dynamic Financial Group now owns 7,072 shares of the company’s stock worth $316,000 after acquiring an additional 254 shares in the last quarter. Quantum Financial Partners LLC raised its position in shares of Pacer Global Cash Cows Dividend ETF by 4.2% in the 3rd quarter. Quantum Financial Partners LLC now owns 6,380 shares of the company’s stock worth $285,000 after acquiring an additional 256 shares in the last quarter. Finally, XML Financial LLC raised its position in shares of Pacer Global Cash Cows Dividend ETF by 4.3% in the 3rd quarter. XML Financial LLC now owns 6,294 shares of the company’s stock worth $282,000 after acquiring an additional 257 shares in the last quarter.

About Pacer Global Cash Cows Dividend ETF

(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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