Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Update

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 47,700 shares, a decrease of 69.3% from the December 15th total of 155,300 shares. Based on an average trading volume of 257,100 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC lifted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 3.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,738 shares of the company’s stock after purchasing an additional 4,934 shares during the period. Pacer US Large Cap Cash Cows Growth Leaders ETF accounts for about 2.4% of Team Financial Group LLC’s portfolio, making the stock its 11th biggest position. Team Financial Group LLC owned 1.92% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,550,000 at the end of the most recent quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 0.2 %

COWG traded down $0.05 during midday trading on Monday, hitting $31.93. 311,231 shares of the company were exchanged, compared to its average volume of 400,662. The firm’s 50 day moving average price is $32.84 and its 200-day moving average price is $29.63. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 1-year low of $23.50 and a 1-year high of $34.58. The firm has a market capitalization of $569.31 million, a P/E ratio of 25.31 and a beta of 1.07.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 27th were given a dividend of $0.0502 per share. The ex-dividend date was Friday, December 27th.

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.