Fifth Third Bancorp Makes New Investment in Pacer Global Cash Cows Dividend ETF $GCOW

Fifth Third Bancorp purchased a new position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 43,928 shares of the company’s stock, valued at approximately $2,031,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Merkkuri Wealth Advisors LLC purchased a new position in Pacer Global Cash Cows Dividend ETF in the first quarter valued at about $39,000. Larson Financial Group LLC boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 80.9% during the 3rd quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock worth $40,000 after acquiring an additional 454 shares in the last quarter. Smartleaf Asset Management LLC purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF during the 2nd quarter worth approximately $62,000. Private Trust Co. NA grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 60.0% in the 4th quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock worth $66,000 after acquiring an additional 600 shares during the period. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Pacer Global Cash Cows Dividend ETF in the 4th quarter worth approximately $77,000.

Pacer Global Cash Cows Dividend ETF Price Performance

BATS GCOW opened at $45.29 on Thursday. Pacer Global Cash Cows Dividend ETF has a 1-year low of $37.96 and a 1-year high of $47.57. The company has a market capitalization of $2.76 billion, a P/E ratio of 12.82 and a beta of 0.69. The business has a 50 day moving average price of $44.93 and a 200 day moving average price of $45.09.

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.