Citadel Advisors LLC Invests $20.25 Million in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Citadel Advisors LLC purchased a new position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 600,041 shares of the company’s stock, valued at approximately $20,245,000. Citadel Advisors LLC owned about 1.07% of Pacer Global Cash Cows Dividend ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in shares of Pacer Global Cash Cows Dividend ETF by 2.1% in the fourth quarter. LPL Financial LLC now owns 2,453,397 shares of the company’s stock valued at $82,778,000 after purchasing an additional 49,871 shares in the last quarter. Raymond James Financial Inc. bought a new position in Pacer Global Cash Cows Dividend ETF in the 4th quarter valued at $55,916,000. Janney Montgomery Scott LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 12.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 695,703 shares of the company’s stock valued at $23,473,000 after buying an additional 74,973 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of Pacer Global Cash Cows Dividend ETF by 3,409.8% in the 4th 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. Finally, Stifel Financial Corp raised its position in shares of Pacer Global Cash Cows Dividend ETF by 37.6% during 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 last quarter.

Pacer Global Cash Cows Dividend ETF Stock Up 8.9%

Shares of GCOW opened at $36.79 on Monday. The stock’s fifty day simple moving average is $36.29 and its 200-day simple moving average is $35.37. The firm has a market capitalization of $2.19 billion, a PE ratio of 13.04 and a beta of 0.70. Pacer Global Cash Cows Dividend ETF has a 12-month low of $32.52 and a 12-month high of $37.71.

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.