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

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) shares hit a new 52-week high on Friday . The stock traded as high as $35.65 and last traded at $35.59, with a volume of 105922 shares trading hands. The stock had previously closed at $35.62.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 0.3 %

The stock’s 50-day moving average price is $33.36 and its 200 day moving average price is $30.67. The company has a market cap of $772.23 million, a P/E ratio of 25.31 and a beta of 1.07.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 27th were paid a $0.0502 dividend. The ex-dividend date 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 bought and sold shares of COWG. Team Financial Group LLC boosted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.3% during the third quarter. Team Financial Group LLC now owns 131,171 shares of the company’s stock worth $3,769,000 after buying an additional 433 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter worth $2,289,000. Private Trust Co. NA boosted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 1,545.0% during 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 acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter worth $619,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 61.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 10,247 shares of the company’s stock valued at $328,000 after acquiring an additional 3,914 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.