Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Hits New 52-Week High – What’s Next?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $34.62 and last traded at $34.54, with a volume of 36484 shares trading hands. The stock had previously closed at $34.52.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Up 0.1 %

The stock has a market capitalization of $758.42 million, a price-to-earnings ratio of 25.31 and a beta of 1.07. The firm’s fifty day moving average price is $33.21 and its 200 day moving average price is $30.35.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 27th were paid a dividend of $0.0502 per share. The ex-dividend date of this dividend was Friday, December 27th.

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

A number of institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter worth approximately $2,289,000. Private Trust Co. NA grew its stake 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 acquiring an additional 6,968 shares in the last quarter. Finally, 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 worth $4,283,000 after acquiring an additional 2,516 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.