Sankala Group LLC Makes New $490,000 Investment in Pacer US Large Cap Cash Cows Growth Leaders ETF $COWG

Sankala Group LLC purchased a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 13,891 shares of the company’s stock, valued at approximately $490,000.

Other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 33.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 70,452 shares of the company’s stock valued at $2,557,000 after purchasing an additional 17,788 shares in the last quarter. RVW Wealth LLC grew its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.2% in the 4th quarter. RVW Wealth LLC now owns 296,578 shares of the company’s stock worth $10,443,000 after purchasing an additional 49,749 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 63,520 shares of the company’s stock worth $2,306,000 after purchasing an additional 63,060 shares in the last quarter. BNB Wealth Management LLC bought a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter worth approximately $7,943,000. Finally, Private Trust Co. NA raised its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 11.3% in the 4th quarter. Private Trust Co. NA now owns 7,042 shares of the company’s stock worth $248,000 after purchasing an additional 713 shares in the last quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

Shares of NASDAQ:COWG opened at $38.87 on Friday. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of 30.38 and a beta of 1.04. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 1-year low of $32.64 and a 1-year high of $39.68. The company has a 50 day moving average price of $37.40 and a 200 day moving average price of $35.90.

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 dividend of $0.0327 per share. This is an increase from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th.

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.