Short Interest in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Declines By 37.3%

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 79,079 shares, a decline of 37.3% from the December 31st total of 126,065 shares. Based on an average trading volume of 458,049 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 458,049 shares, the days-to-cover ratio is presently 0.2 days.

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

Several institutional investors have recently bought and sold shares of COWG. Private Trust Co. NA increased its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 5.0% in the second quarter. Private Trust Co. NA now owns 8,049 shares of the company’s stock worth $283,000 after purchasing an additional 385 shares during the period. Baird Financial Group Inc. boosted its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 13.1% during the second quarter. Baird Financial Group Inc. now owns 173,538 shares of the company’s stock valued at $6,093,000 after purchasing an additional 20,074 shares during the period. Ethos Financial Group LLC bought a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the second quarter worth about $7,910,000. RVW Wealth LLC grew its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 208.4% in the third quarter. RVW Wealth LLC now owns 246,829 shares of the company’s stock worth $8,960,000 after purchasing an additional 166,789 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 2nd quarter worth about $232,000.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

NASDAQ COWG opened at $36.27 on Friday. The company has a market capitalization of $2.47 billion, a P/E ratio of 30.38 and a beta of 1.10. Pacer US Large Cap Cash Cows Growth Leaders ETF has a one year low of $26.20 and a one year high of $37.17. The stock has a 50 day moving average price of $35.62 and a 200-day moving average price of $35.56.

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.