International Assets Investment Management LLC Makes New $2.67 Million Investment in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

International Assets Investment Management LLC purchased a new stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 79,118 shares of the company’s stock, valued at approximately $2,673,000. International Assets Investment Management LLC owned 0.14% of Pacer Global Cash Cows Dividend ETF as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its holdings in Pacer Global Cash Cows Dividend ETF by 663.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 665,386 shares of the company’s stock worth $224,000 after purchasing an additional 578,201 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 61.5% during the third quarter. Raymond James & Associates now owns 680,007 shares of the company’s stock worth $24,813,000 after buying an additional 258,916 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 3.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,794,002 shares of the company’s stock worth $127,934,000 after buying an additional 121,854 shares in the last quarter. Guild Investment Management Inc. acquired a new stake in Pacer Global Cash Cows Dividend ETF in the 3rd quarter valued at approximately $2,773,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Pacer Global Cash Cows Dividend ETF by 316.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 92,127 shares of the company’s stock valued at $3,362,000 after acquiring an additional 69,985 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of GCOW traded up $0.04 during mid-day trading on Wednesday, hitting $33.99. 263,455 shares of the company’s stock were exchanged. The firm has a market capitalization of $1.91 billion, a P/E ratio of 6.24 and a beta of 0.63. The stock has a 50 day moving average of $34.65 and a 200-day moving average of $35.12.

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.