TAP Consulting LLC Sells 10,401 Shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

TAP Consulting LLC trimmed its position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 21.4% during the second quarter, Holdings Channel reports. The institutional investor owned 38,155 shares of the company’s stock after selling 10,401 shares during the quarter. TAP Consulting LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $1,287,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Able Wealth Management LLC acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the 4th quarter valued at $25,000. Principal Securities Inc. acquired a new stake in Pacer Global Cash Cows Dividend ETF during the 4th quarter worth $27,000. PNC Financial Services Group Inc. acquired a new stake in Pacer Global Cash Cows Dividend ETF during the 4th quarter worth $95,000. Cambridge Trust Co. acquired a new stake in Pacer Global Cash Cows Dividend ETF during the 1st quarter worth $100,000. Finally, Schmidt P J Investment Management Inc. acquired a new stake in Pacer Global Cash Cows Dividend ETF during the 1st quarter worth $205,000.

Pacer Global Cash Cows Dividend ETF Trading Down 1.1 %

Shares of GCOW traded down $0.38 during midday trading on Friday, hitting $35.68. The stock had a trading volume of 170,903 shares. The firm has a fifty day moving average of $34.98 and a 200 day moving average of $34.68. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 6.24 and a beta of 0.63.

Pacer Global Cash Cows Dividend ETF 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.