Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Trading 1.3% Higher – Time to Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s stock price shot up 1.3% during mid-day trading on Tuesday . The stock traded as high as $38.09 and last traded at $38.05. 155,386 shares traded hands during trading, a decline of 64% from the average daily volume of 437,195 shares. The stock had previously closed at $37.57.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

The company has a fifty day simple moving average of $38.50 and a 200 day simple moving average of $36.41. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 30.38 and a beta of 1.02.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 8th. Stockholders of record on Thursday, June 4th were given a dividend of $0.0327 per share. This is a positive change from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01. The ex-dividend date was Thursday, June 4th.

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

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 63,520 shares of the company’s stock valued at $2,306,000 after purchasing an additional 63,060 shares during the period. Triumph Capital Management bought a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 3rd quarter worth approximately $131,000. IFP Advisors Inc lifted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 7.4% in the 3rd quarter. IFP Advisors Inc now owns 16,807 shares of the company’s stock worth $610,000 after purchasing an additional 1,156 shares during the period. RVW Wealth LLC lifted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.2% in the 4th quarter. RVW Wealth LLC now owns 296,578 shares of the company’s stock worth $10,443,000 after purchasing an additional 49,749 shares during the period. Finally, Team Financial Group LLC boosted its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 3.2% in the 4th quarter. Team Financial Group LLC now owns 225,247 shares of the company’s stock valued at $7,931,000 after purchasing an additional 6,917 shares during 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.