Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Reaches New 12-Month High – Still a Buy?

Shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) hit a new 52-week high during trading on Tuesday . The stock traded as high as $39.90 and last traded at $39.90, with a volume of 25178 shares trading hands. The stock had previously closed at $39.60.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Up 1.2%

The firm has a market capitalization of $2.43 billion, a PE ratio of 30.38 and a beta of 1.04. The firm’s fifty day simple moving average is $37.80 and its 200-day simple moving average is $36.04.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were issued a $0.0327 dividend. The ex-dividend date was Thursday, June 4th. This is an increase from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

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

Institutional investors have recently added to or reduced their stakes in the business. Cozad Asset Management Inc. increased its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 41.8% in the 1st quarter. Cozad Asset Management Inc. now owns 26,112 shares of the company’s stock worth $881,000 after purchasing an additional 7,698 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.8% during the first quarter. EverSource Wealth Advisors LLC now owns 106,583 shares of the company’s stock valued at $3,596,000 after purchasing an additional 18,323 shares in the last quarter. Team Financial Group LLC boosted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.5% during the first quarter. Team Financial Group LLC now owns 226,280 shares of the company’s stock valued at $7,634,000 after buying an additional 1,033 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 9.3% during the first quarter. Janney Montgomery Scott LLC now owns 23,399 shares of the company’s stock valued at $789,000 after buying an additional 1,991 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.6% during the first quarter. Nations Financial Group Inc. IA ADV now owns 41,714 shares of the company’s stock valued at $1,407,000 after buying an additional 1,047 shares during the last quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile

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.