Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sets New 12-Month High – Time to Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s share price reached a new 52-week high during trading on Friday. The company traded as high as $40.80 and last traded at $40.7420, with a volume of 27958 shares. The stock had previously closed at $40.46.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Up 0.5%

The firm has a fifty day moving average price of $39.29 and a 200 day moving average price of $37.82. The company has a market cap of $2.38 billion, a P/E ratio of 30.38 and a beta of 1.04.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Thursday, September 3rd were issued a dividend of $0.1916 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.77 dividend on an annualized basis and a yield of 1.9%.

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

A number of institutional investors have recently modified their holdings of the stock. Noble Wealth Management PBC grew its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.8% during the third quarter. Noble Wealth Management PBC now owns 53,312 shares of the company’s stock valued at $2,126,000 after purchasing an additional 1,456 shares during the last quarter. Nilsine Partners LLC raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 18.2% in the 2nd quarter. Nilsine Partners LLC now owns 11,810 shares of the company’s stock worth $474,000 after purchasing an additional 1,819 shares during the last quarter. RVW Wealth LLC raised its position in 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 worth $15,490,000 after purchasing an additional 43,848 shares during the last quarter. CoreCap Advisors LLC lifted its holdings 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 in the last quarter. Finally, Cozad Asset Management Inc. lifted its holdings 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 in the last quarter.

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.