Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Up 31.8% in February

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 236,000 shares, a growth of 31.8% from the February 13th total of 179,100 shares. Based on an average trading volume of 570,900 shares, the short-interest ratio is presently 0.4 days. Approximately 1.1% of the shares of the company are sold short.

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

Large investors have recently modified their holdings of the company. Private Trust Co. NA grew its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 1,545.0% in the fourth quarter. Private Trust Co. NA now owns 7,419 shares of the company’s stock worth $238,000 after acquiring an additional 6,968 shares during the period. Cozad Asset Management Inc. purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter valued at $255,000. Creative Financial Designs Inc. ADV lifted its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 61.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 10,247 shares of the company’s stock valued at $328,000 after purchasing an additional 3,914 shares in the last quarter. Copia Wealth Management purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter valued at $498,000. Finally, EverSource Wealth Advisors LLC purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter valued at $619,000.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

Shares of COWG opened at $31.34 on Monday. Pacer US Large Cap Cash Cows Growth Leaders ETF has a one year low of $24.12 and a one year high of $35.87. The firm has a market capitalization of $681.65 million, a P/E ratio of 32.56 and a beta of 1.07. The business has a fifty day moving average of $33.38 and a 200 day moving average of $31.64.

Pacer US Large Cap Cash Cows Growth Leaders ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 12th. Investors of record on Thursday, March 6th were issued a $0.0049 dividend. The ex-dividend date of this dividend was Thursday, March 6th.

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.