Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Update

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 18,500 shares, a decrease of 61.7% from the October 15th total of 48,300 shares. Based on an average daily trading volume, of 88,200 shares, the days-to-cover ratio is presently 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 raised its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 3.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 130,738 shares of the company’s stock after purchasing an additional 4,934 shares during the quarter. Pacer US Large Cap Cash Cows Growth Leaders ETF accounts for about 2.4% of Team Financial Group LLC’s investment portfolio, making the stock its 11th biggest position. Team Financial Group LLC owned about 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 Price Performance

Pacer US Large Cap Cash Cows Growth Leaders ETF stock traded down $0.38 during trading hours on Friday, hitting $31.90. The company had a trading volume of 67,965 shares, compared to its average volume of 66,248. The firm has a market capitalization of $275.94 million, a P/E ratio of 25.31 and a beta of 1.07. The firm’s fifty day moving average is $29.26 and its 200-day moving average is $27.58. 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.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

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