Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Strong Trading Volume – What’s Next?

Shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw unusually-high trading volume on Thursday . Approximately 710,443 shares traded hands during trading, an increase of 225% from the previous session’s volume of 218,759 shares.The stock last traded at $30.41 and had previously closed at $31.16.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Down 2.5 %

The stock has a fifty day moving average price of $33.45 and a 200 day moving average price of $31.57. The firm has a market cap of $660.77 million, a price-to-earnings ratio of 32.56 and a beta of 1.07.

Pacer US Large Cap Cash Cows Growth Leaders ETF Cuts Dividend

The company also recently announced 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.

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

A number of institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter worth $2,289,000. Private Trust Co. NA grew its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 1,545.0% during the 4th quarter. Private Trust Co. NA now owns 7,419 shares of the company’s stock worth $238,000 after purchasing an additional 6,968 shares in the last quarter. Team Financial Group LLC increased its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 1.9% during the fourth quarter. Team Financial Group LLC now owns 133,687 shares of the company’s stock valued at $4,283,000 after purchasing an additional 2,516 shares during the period. Copia Wealth Management bought a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter worth $498,000. Finally, Baird Financial Group Inc. bought a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter valued at $4,345,000.

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.