Synovus Financial Corp Takes $696,000 Position in Pacer Global Cash Cows Dividend ETF (BATS:GCOW)

Synovus Financial Corp purchased a new position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,070 shares of the company’s stock, valued at approximately $696,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GCOW. Schmidt P J Investment Management Inc. raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 5.2% during the second quarter. Schmidt P J Investment Management Inc. now owns 6,216 shares of the company’s stock valued at $210,000 after purchasing an additional 310 shares during the period. High Net Worth Advisory Group LLC increased its stake in Pacer Global Cash Cows Dividend ETF by 1.6% during the 3rd quarter. High Net Worth Advisory Group LLC now owns 21,546 shares of the company’s stock worth $786,000 after buying an additional 331 shares during the period. Total Clarity Wealth Management Inc. increased its stake in Pacer Global Cash Cows Dividend ETF by 2.6% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 14,865 shares of the company’s stock worth $501,000 after buying an additional 375 shares during the period. Comprehensive Financial Consultants Institutional Inc. lifted its holdings in Pacer Global Cash Cows Dividend ETF by 3.4% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 14,504 shares of the company’s stock worth $529,000 after buying an additional 483 shares in the last quarter. Finally, World Equity Group Inc. boosted its position in Pacer Global Cash Cows Dividend ETF by 9.0% in the 3rd quarter. World Equity Group Inc. now owns 6,941 shares of the company’s stock valued at $253,000 after buying an additional 576 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of BATS GCOW opened at $34.28 on Wednesday. The stock’s 50-day simple moving average is $35.28 and its 200-day simple moving average is $35.22. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 6.24 and a beta of 0.63.

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.