Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Strong Trading Volume – Should You Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) shares saw strong trading volume on Friday. 265,200 shares traded hands during trading, a decline of 29% from the previous session’s volume of 375,471 shares. The stock last traded at $40.40 and had previously closed at $40.35.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

The stock has a market cap of $2.38 billion, a P/E ratio of 30.38 and a beta of 1.04. The stock’s fifty day simple moving average is $39.92 and its 200-day simple moving average is $38.54.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Thursday, September 3rd were given a dividend of $0.1916 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.77 annualized dividend and a dividend yield of 1.9%.

Institutional Trading of Pacer US Large Cap Cash Cows Growth Leaders ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC boosted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 14.9% in the 2nd quarter. CoreCap Advisors LLC now owns 3,058 shares of the company’s stock worth $123,000 after purchasing an additional 396 shares in the last quarter. Team Financial Group LLC boosted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.5% in the first 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. Noble Wealth Management PBC lifted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.8% during the 3rd quarter. Noble Wealth Management PBC now owns 53,312 shares of the company’s stock valued at $2,126,000 after buying an additional 1,456 shares in the last quarter. Nilsine Partners LLC raised its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 18.2% during the second quarter. Nilsine Partners LLC now owns 11,810 shares of the company’s stock valued at $474,000 after buying an additional 1,819 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 9.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 23,399 shares of the company’s stock worth $789,000 after buying an additional 1,991 shares in 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.