Sowell Financial Services LLC Decreases Stock Position in Pacer Global Cash Cows Dividend ETF $GCOW

by · The Markets Daily

Sowell Financial Services LLC lowered its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOWFree Report) by 63.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,020 shares of the company’s stock after selling 33,024 shares during the period. Sowell Financial Services LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $784,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in shares of Pacer Global Cash Cows Dividend ETF by 2.7% in the third quarter. Bank of America Corp DE now owns 7,601,822 shares of the company’s stock worth $301,184,000 after buying an additional 201,869 shares during the period. Raymond James Financial Inc. increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 2.3% in the second quarter. Raymond James Financial Inc. now owns 1,986,356 shares of the company’s stock worth $75,422,000 after buying an additional 44,905 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 17.9% in the third quarter. Jones Financial Companies Lllp now owns 777,671 shares of the company’s stock worth $30,671,000 after buying an additional 118,238 shares during the period. Orion Porfolio Solutions LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 22.1% in the third quarter. Orion Porfolio Solutions LLC now owns 638,677 shares of the company’s stock worth $25,304,000 after buying an additional 115,527 shares during the period. Finally, Stratos Wealth Partners LTD. increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 964.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 292,781 shares of the company’s stock worth $12,068,000 after buying an additional 265,273 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Down 0.4%

Shares of BATS GCOW opened at $46.41 on Friday. Pacer Global Cash Cows Dividend ETF has a 52 week low of $33.25 and a 52 week high of $47.57. The firm’s fifty day moving average is $45.95 and its 200 day moving average is $42.76. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69.

About Pacer Global Cash Cows Dividend ETF

(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.

See Also

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