Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw unusually-strong trading volume on Friday. Approximately 265,200 shares traded hands during mid-day trading, a decline of 29% from the previous session’s volume of 375,471 shares. The stock last traded at $40.40 and had previously closed at $40.35.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 30.38 and a beta of 1.04. The firm has a fifty day moving average of $39.92 and a 200 day moving average of $38.54.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Thursday, September 3rd were given 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 dividend yield of 1.9%.

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

Large investors have recently bought and sold shares of the company. Noble Wealth Management PBC lifted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.8% in 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 in the last quarter. Nilsine Partners LLC increased its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 18.2% in the second quarter. Nilsine Partners LLC now owns 11,810 shares of the company’s stock worth $474,000 after acquiring an additional 1,819 shares in the last quarter. RVW Wealth LLC grew its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 12.8% during the 2nd quarter. RVW Wealth LLC now owns 385,836 shares of the company’s stock valued at $15,490,000 after purchasing an additional 43,848 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of 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 valued at $123,000 after buying an additional 396 shares during the last quarter. Finally, Cozad Asset Management Inc. grew its position in shares of 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 valued at $881,000 after buying an additional 7,698 shares during the last quarter.

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.