Fermata Advisors LLC Lowers Stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Fermata Advisors LLC decreased its position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 1.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 110,795 shares of the company’s stock after selling 1,235 shares during the period. Fermata Advisors LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $4,097,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in GCOW. PNC Financial Services Group Inc. purchased a new position in Pacer Global Cash Cows Dividend ETF in the 4th quarter worth $34,000. Sunbelt Securities Inc. purchased a new position in Pacer Global Cash Cows Dividend ETF during the 4th quarter valued at about $81,000. Centaurus Financial Inc. lifted its holdings in Pacer Global Cash Cows Dividend ETF by 10.4% in the 4th quarter. Centaurus Financial Inc. now owns 3,533 shares of the company’s stock worth $119,000 after buying an additional 332 shares during the period. SRS Capital Advisors Inc. bought a new stake in Pacer Global Cash Cows Dividend ETF in the fourth quarter valued at $185,000. Finally, Schmidt P J Investment Management Inc. boosted its holdings in Pacer Global Cash Cows Dividend ETF by 5.9% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 6,217 shares of the company’s stock valued at $210,000 after acquiring an additional 345 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Pacer Global Cash Cows Dividend ETF stock opened at $37.78 on Thursday. Pacer Global Cash Cows Dividend ETF has a fifty-two week low of $32.52 and a fifty-two week high of $37.99. The stock’s 50 day simple moving average is $36.36 and its two-hundred day simple moving average is $35.65. The stock has a market cap of $2.27 billion, a price-to-earnings 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.