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

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 18,500 shares, a drop of 61.7% from the October 15th total of 48,300 shares. Based on an average daily volume of 88,200 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

A hedge fund recently raised its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC grew its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 3.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 130,738 shares of the company’s stock after purchasing an additional 4,934 shares during the period. Pacer US Large Cap Cash Cows Growth Leaders ETF makes up approximately 2.4% of Team Financial Group LLC’s investment portfolio, making the stock its 11th largest holding. Team Financial Group LLC owned 1.92% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,550,000 as of its most recent filing with the SEC.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 0.6 %

NASDAQ COWG traded down $0.21 during trading hours on Thursday, hitting $32.28. The company had a trading volume of 606,573 shares, compared to its average volume of 66,240. Pacer US Large Cap Cash Cows Growth Leaders ETF has a fifty-two week low of $22.16 and a fifty-two week high of $32.91. The business has a fifty day simple moving average of $29.26 and a 200-day simple moving average of $27.58. The firm has a market cap of $279.22 million, a P/E ratio of 25.31 and a beta of 1.07.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were given a $0.0322 dividend. This represents a $0.13 annualized dividend and a yield of 0.40%. The ex-dividend date was Thursday, September 26th.

About Pacer US Large Cap Cash Cows Growth Leaders ETF

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.