Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Up 236.3% in July

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 59,457 shares, an increase of 236.3% from the June 30th total of 17,681 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 254,259 shares, the days-to-cover ratio is currently 0.2 days.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Down 0.8%

Shares of NASDAQ:COWG traded down $0.31 during mid-day trading on Friday, reaching $37.24. The stock had a trading volume of 130,383 shares, compared to its average volume of 431,996. The firm has a 50 day simple moving average of $38.52 and a two-hundred day simple moving average of $36.45. Pacer US Large Cap Cash Cows Growth Leaders ETF has a twelve month low of $32.64 and a twelve month high of $40.26. The firm has a market cap of $2.19 billion, a PE ratio of 30.38 and a beta of 1.02.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were paid a $0.0327 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This is a boost from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in COWG. RVW Wealth LLC grew its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 12.8% in the 2nd quarter. RVW Wealth LLC now owns 385,836 shares of the company’s stock valued at $15,490,000 after buying an additional 43,848 shares during the period. CoreCap Advisors LLC raised its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 14.9% during the 2nd quarter. CoreCap Advisors LLC now owns 3,058 shares of the company’s stock worth $123,000 after buying an additional 396 shares during the period. Cozad Asset Management Inc. raised its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 41.8% during the 1st quarter. Cozad Asset Management Inc. now owns 26,112 shares of the company’s stock worth $881,000 after buying an additional 7,698 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.8% during the first quarter. EverSource Wealth Advisors LLC now owns 106,583 shares of the company’s stock worth $3,596,000 after acquiring an additional 18,323 shares in the last quarter. Finally, Team Financial Group LLC lifted its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.5% during the first quarter. Team Financial Group LLC now owns 226,280 shares of the company’s stock worth $7,634,000 after acquiring an additional 1,033 shares in 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.