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

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) shares saw strong trading volume on Thursday . 478,819 shares were traded during mid-day trading, an increase of 10% from the previous session’s volume of 435,063 shares.The stock last traded at $33.82 and had previously closed at $33.60.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

The company’s fifty day simple moving average is $33.15 and its two-hundred day simple moving average is $30.14. The stock has a market capitalization of $690.47 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 firm also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 27th were paid a $0.0502 dividend. The ex-dividend date was Friday, December 27th.

Institutional Investors Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

A hedge fund recently raised its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC boosted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,687 shares of the company’s stock after buying an additional 2,516 shares during the period. Pacer US Large Cap Cash Cows Growth Leaders ETF makes up approximately 2.6% of Team Financial Group LLC’s investment portfolio, making the stock its 9th largest position. Team Financial Group LLC owned about 0.71% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $4,283,000 at the end of the most recent reporting period.

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.