Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Reaches New 52-Week High – Here’s Why

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $39.90 and last traded at $39.90, with a volume of 25178 shares trading hands. The stock had previously closed at $39.60.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

The firm has a market cap of $2.43 billion, a P/E ratio of 30.38 and a beta of 1.04. The firm’s 50 day moving average is $37.80 and its 200 day moving average is $36.04.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were paid a $0.0327 dividend. The ex-dividend date was Thursday, June 4th. This is an increase from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in COWG. Sound Income Strategies LLC purchased a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter worth $86,000. First Horizon Corp bought a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter valued at $109,000. Triumph Capital Management purchased a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the 3rd quarter worth about $131,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the 3rd quarter worth about $206,000. Finally, Atlas Wealth LLC purchased a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter worth about $213,000.

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.