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

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) shares saw strong trading volume on Thursday . 710,443 shares traded hands during trading, an increase of 225% from the previous session’s volume of 218,759 shares.The stock last traded at $30.41 and had previously closed at $31.16.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

The stock has a market cap of $681.65 million, a price-to-earnings ratio of 32.56 and a beta of 1.07. The company has a 50-day moving average of $33.38 and a 200-day moving average of $31.59.

Pacer US Large Cap Cash Cows Growth Leaders ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 12th. Investors of record on Thursday, March 6th were given a $0.0049 dividend. The ex-dividend date was Thursday, March 6th.

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

Institutional investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC acquired a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter worth approximately $2,289,000. Team Financial Group LLC increased its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 1.9% during the 4th quarter. Team Financial Group LLC now owns 133,687 shares of the company’s stock worth $4,283,000 after purchasing an additional 2,516 shares during the period. Private Trust Co. NA increased its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 1,545.0% during the 4th quarter. Private Trust Co. NA now owns 7,419 shares of the company’s stock worth $238,000 after purchasing an additional 6,968 shares during the period. EverSource Wealth Advisors LLC acquired a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter worth approximately $619,000. Finally, Creative Financial Designs Inc. ADV increased its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 61.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 10,247 shares of the company’s stock worth $328,000 after purchasing an additional 3,914 shares during the period.

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.