Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Trading Up 1.3% – Still a Buy?
by Danessa Lincoln · The Markets DailyPacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG – Get Free Report)’s share price rose 1.3% during mid-day trading on Tuesday . The stock traded as high as $38.09 and last traded at $38.05. Approximately 155,386 shares were traded during mid-day trading, a decline of 64% from the average session volume of 437,195 shares. The stock had previously closed at $37.57.
Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 0.7%
The firm has a market cap of $2.21 billion, a PE ratio of 30.38 and a beta of 1.02. The firm’s fifty day simple moving average is $38.51 and its two-hundred day simple moving average is $36.43.
Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, June 8th. Stockholders of record on Thursday, June 4th were given a $0.0327 dividend. The ex-dividend date was Thursday, June 4th. This is a positive change from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.
Institutional Trading of Pacer US Large Cap Cash Cows Growth Leaders ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. RVW Wealth LLC increased its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 12.8% in the second quarter. RVW Wealth LLC now owns 385,836 shares of the company’s stock worth $15,490,000 after purchasing an additional 43,848 shares during the last quarter. CoreCap Advisors LLC lifted its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 14.9% during the second quarter. CoreCap Advisors LLC now owns 3,058 shares of the company’s stock valued at $123,000 after purchasing an additional 396 shares during the last quarter. Cozad Asset Management Inc. grew its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 41.8% in the 1st quarter. Cozad Asset Management Inc. now owns 26,112 shares of the company’s stock worth $881,000 after buying an additional 7,698 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 106,583 shares of the company’s stock worth $3,596,000 after buying an additional 18,323 shares in the last quarter. Finally, Team Financial Group LLC increased its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.5% in the 1st quarter. Team Financial Group LLC now owns 226,280 shares of the company’s stock worth $7,634,000 after buying an additional 1,033 shares during the last quarter.
Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile
The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.
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