Short Interest in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Decreases By 86.0%

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 8,341 shares, a drop of 86.0% from the July 15th total of 59,457 shares. Based on an average daily volume of 273,472 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Up 2.1%

Shares of NASDAQ:COWG traded up $0.81 during mid-day trading on Thursday, hitting $40.19. 172,102 shares of the company traded hands, compared to its average volume of 418,604. The stock has a 50-day moving average price of $38.53 and a two-hundred day moving average price of $36.66. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 12-month low of $32.64 and a 12-month high of $40.26. The stock has a market cap of $2.35 billion, a P/E ratio of 30.38 and a beta of 1.04.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

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

Institutional Trading of Pacer US Large Cap Cash Cows Growth Leaders ETF

Several institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% during the third quarter. JPMorgan Chase & Co. now owns 63,520 shares of the company’s stock valued at $2,306,000 after purchasing an additional 63,060 shares in the last quarter. Triumph Capital Management purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the third quarter worth about $131,000. Nations Financial Group Inc. IA ADV grew its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 32.0% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 40,667 shares of the company’s stock worth $1,432,000 after purchasing an additional 9,865 shares in the last quarter. Private Trust Co. NA grew its position in 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. Finally, First Horizon Corp purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter valued at about $109,000.

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.