Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Significant Increase in Short Interest

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 59,457 shares, an increase of 236.3% from the June 30th total of 17,681 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 254,259 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

A number of hedge funds have recently bought and sold shares of COWG. RVW Wealth LLC grew its holdings 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 valued at $15,490,000 after purchasing an additional 43,848 shares during the period. CoreCap Advisors LLC increased its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 14.9% in the second quarter. CoreCap Advisors LLC now owns 3,058 shares of the company’s stock valued at $123,000 after buying an additional 396 shares in the last quarter. Cozad Asset Management Inc. raised its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 41.8% during 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 during the period. EverSource Wealth Advisors LLC raised its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.8% during 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 during the period. Finally, Team Financial Group LLC raised its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.5% during 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 period.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Up 0.1%

Shares of COWG stock traded up $0.04 during mid-day trading on Monday, hitting $37.28. 454,540 shares of the stock were exchanged, compared to its average volume of 432,156. The firm has a fifty day moving average of $38.52 and a 200 day moving average of $36.45. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 52-week low of $32.64 and a 52-week high of $40.26. The company has a market cap of $2.20 billion, a PE ratio of 30.38 and a beta of 1.02.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were paid a $0.0327 dividend. The ex-dividend date was Thursday, June 4th. This is a boost from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

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.