Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Down 36.3% in August

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 38,714 shares, a decline of 36.3% from the August 15th total of 60,789 shares. Based on an average daily volume of 240,569 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Up 0.1%

Shares of COWG stock opened at $39.43 on Friday. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 30.38 and a beta of 1.04. The stock has a 50 day simple moving average of $38.94 and a 200-day simple moving average of $37.46. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 12-month low of $32.64 and a 12-month high of $40.58.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Thursday, September 3rd were paid a $0.1916 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.9%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Sankala Group LLC purchased a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter valued at about $490,000. BNB Wealth Management LLC purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter worth about $7,943,000. RVW Wealth LLC boosted its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 12.8% during the second quarter. RVW Wealth LLC now owns 385,836 shares of the company’s stock worth $15,490,000 after buying an additional 43,848 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 25.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 88,260 shares of the company’s stock worth $3,108,000 after buying an additional 17,808 shares during the period. Finally, Nilsine Partners LLC grew its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 18.2% during the second quarter. Nilsine Partners LLC now owns 11,810 shares of the company’s stock worth $474,000 after buying an additional 1,819 shares during the period.

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.