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

Shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw strong trading volume on Thursday . 322,427 shares traded hands during trading, an increase of 11% from the previous session’s volume of 289,516 shares.The stock last traded at $29.36 and had previously closed at $29.33.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Up 0.0 %

The company has a market cap of $1.24 billion, a PE ratio of 29.84 and a beta of 1.07. The business’s 50 day moving average is $31.86 and its two-hundred day moving average is $32.02.

Pacer US Large Cap Cash Cows Growth Leaders ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 12th. Investors of record on Thursday, March 6th were paid a dividend of $0.0049 per share. The ex-dividend date of this dividend was Thursday, March 6th.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter valued at $2,289,000. Team Financial Group LLC increased its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 1.9% in the fourth quarter. Team Financial Group LLC now owns 133,687 shares of the company’s stock worth $4,283,000 after purchasing an additional 2,516 shares during the last quarter. Private Trust Co. NA lifted its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 1,545.0% in the fourth quarter. Private Trust Co. NA now owns 7,419 shares of the company’s stock worth $238,000 after buying an additional 6,968 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter valued at approximately $619,000. Finally, Creative Financial Designs Inc. ADV grew its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 61.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 10,247 shares of the company’s stock valued at $328,000 after buying an additional 3,914 shares in the last quarter.

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.