Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Unusually-High Trading Volume – What’s Next?

Shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw strong trading volume on Tuesday . 345,536 shares changed hands during trading, an increase of 48% from the previous session’s volume of 233,684 shares.The stock last traded at $32.73 and had previously closed at $32.64.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

The company’s 50 day simple moving average is $33.32 and its 200 day simple moving average is $31.83. The stock has a market cap of $711.66 million, a PE ratio of 31.81 and a beta of 1.07.

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. Stockholders of record on Thursday, March 6th were paid a dividend of $0.0049 per share. The ex-dividend date was Thursday, March 6th.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Private Trust Co. NA boosted its position 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 purchasing an additional 6,968 shares during the period. Cozad Asset Management Inc. bought a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter worth $255,000. Creative Financial Designs Inc. ADV raised its position in shares of 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. Copia Wealth Management bought a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter worth $498,000. Finally, EverSource Wealth Advisors LLC purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter worth $619,000.

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.