Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Hits New 1-Year High – Should You Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $38.82 and last traded at $38.70, with a volume of 264192 shares. The stock had previously closed at $38.28.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Up 1.1%

The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of 30.38 and a beta of 1.03. The company has a fifty day moving average price of $35.65 and a two-hundred day moving average price of $35.39.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, March 9th. Stockholders of record on Thursday, March 5th were given a dividend of $0.0103 per share. The ex-dividend date of this dividend was Thursday, March 5th.

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

Several institutional investors have recently made changes to their positions in COWG. Belpointe Asset Management LLC raised its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 5.2% during the 3rd quarter. Belpointe Asset Management LLC now owns 37,427 shares of the company’s stock valued at $1,359,000 after buying an additional 1,866 shares during the period. JPMorgan Chase & Co. raised its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 63,520 shares of the company’s stock valued at $2,306,000 after buying an additional 63,060 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 33.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 70,452 shares of the company’s stock valued at $2,557,000 after buying an additional 17,788 shares during the period. Colonial Trust Co SC purchased a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the 3rd quarter valued at approximately $77,000. Finally, Cozad Asset Management Inc. raised its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 15.7% during the 3rd quarter. Cozad Asset Management Inc. now owns 18,845 shares of the company’s stock valued at $684,000 after buying an additional 2,564 shares during the 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.