Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Hits New 1-Year High – Here’s Why

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) hit a new 52-week high on Thursday . The stock traded as high as $40.58 and last traded at $40.58, with a volume of 273615 shares trading hands. The stock had previously closed at $39.52.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Up 2.7%

The stock has a market capitalization of $2.38 billion, a P/E ratio of 30.38 and a beta of 1.04. The business has a fifty day simple moving average of $38.76 and a 200 day simple moving average of $36.95.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

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

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

Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 63,520 shares of the company’s stock worth $2,306,000 after purchasing an additional 63,060 shares in the last quarter. Triumph Capital Management bought a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the third quarter worth $131,000. Atlas Wealth LLC purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter worth $213,000. Creative Financial Designs Inc. ADV boosted its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 1.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 28,916 shares of the company’s stock worth $1,018,000 after purchasing an additional 327 shares during the last quarter. Finally, Copia Wealth Management grew its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.9% in the 4th quarter. Copia Wealth Management now owns 42,586 shares of the company’s stock valued at $1,499,000 after purchasing an additional 1,198 shares during the period.

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.