Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Short Interest Update

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 74,793 shares, a drop of 41.9% from the April 15th total of 128,678 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 341,456 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Pacer Global Cash Cows Dividend ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in GCOW. Arkadios Wealth Advisors lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 35.7% during the first quarter. Arkadios Wealth Advisors now owns 12,990 shares of the company’s stock worth $601,000 after purchasing an additional 3,414 shares during the period. IFS Group LLC purchased a new position in Pacer Global Cash Cows Dividend ETF during the 1st quarter worth $1,234,000. EverSource Wealth Advisors LLC raised its position in Pacer Global Cash Cows Dividend ETF by 44.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 55,517 shares of the company’s stock worth $2,567,000 after buying an additional 17,044 shares during the last quarter. Empire Financial Management Company LLC lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 5.6% in the 1st quarter. Empire Financial Management Company LLC now owns 111,547 shares of the company’s stock worth $5,158,000 after acquiring an additional 5,907 shares during the period. Finally, Royal Bank of Canada lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 47.0% in the 1st quarter. Royal Bank of Canada now owns 1,707,738 shares of the company’s stock worth $78,966,000 after acquiring an additional 546,241 shares during the period.

Pacer Global Cash Cows Dividend ETF Stock Performance

BATS GCOW opened at $46.58 on Tuesday. The firm’s fifty day moving average is $45.84 and its two-hundred day moving average is $43.90. Pacer Global Cash Cows Dividend ETF has a one year low of $37.19 and a one year high of $47.57. The firm has a market cap of $2.84 billion, a PE ratio of 12.82 and a beta of 0.69.

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.