Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Stock Price Up 0.2% – Should You Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s stock price rose 0.2% during mid-day trading on Friday . The company traded as high as $35.26 and last traded at $34.94. Approximately 1,156,788 shares were traded during mid-day trading, an increase of 92% from the average daily volume of 601,735 shares. The stock had previously closed at $34.88.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Up 0.2%

The business’s fifty day moving average is $35.57 and its 200-day moving average is $35.54. The stock has a market capitalization of $2.38 billion, a PE ratio of 30.38 and a beta of 1.10.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Front Row Advisors LLC purchased a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the 2nd quarter valued at about $32,000. First Horizon Advisors Inc. acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the second quarter valued at approximately $36,000. Provenance Wealth Advisors LLC purchased a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the third quarter valued at approximately $51,000. Colonial Trust Co SC acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the third quarter worth $77,000. Finally, Sound Income Strategies LLC acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter worth $86,000.

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.