Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sets New 1-Year High – Still a Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $38.82 and last traded at $38.70, with a volume of 264192 shares. The stock had previously closed at $38.28.

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

The firm’s 50 day moving average is $35.81 and its two-hundred day moving average is $35.43. The firm has a market cap of $2.33 billion, a P/E ratio of 30.38 and a beta of 1.03.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, March 9th. Shareholders of record on Thursday, March 5th were paid a $0.0103 dividend. The ex-dividend date of this dividend was Thursday, March 5th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of COWG. Creative Financial Designs Inc. ADV increased its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 1.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 28,916 shares of the company’s stock worth $1,018,000 after buying an additional 327 shares during the last quarter. Private Trust Co. NA boosted its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 11.3% during the fourth quarter. Private Trust Co. NA now owns 7,042 shares of the company’s stock worth $248,000 after purchasing an additional 713 shares during the period. Team Financial Group LLC boosted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.5% in the first quarter. Team Financial Group LLC now owns 226,280 shares of the company’s stock valued at $7,634,000 after acquiring an additional 1,033 shares during the period. Nations Financial Group Inc. IA ADV boosted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.6% in the first quarter. Nations Financial Group Inc. IA ADV now owns 41,714 shares of the company’s stock valued at $1,407,000 after acquiring an additional 1,047 shares during the period. Finally, IFP Advisors Inc boosted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 7.4% in the third quarter. IFP Advisors Inc now owns 16,807 shares of the company’s stock valued at $610,000 after acquiring an additional 1,156 shares during the period.

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.