Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sets New 12-Month High – Time to Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) hit a new 52-week high during trading 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 Trading Down 0.1 %

The firm has a market capitalization of $773.65 million, a PE ratio of 25.31 and a beta of 1.07. The firm’s fifty day moving average price is $33.38 and its 200 day moving average price is $30.76.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

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

Hedge Funds 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. Team Financial Group LLC grew its holdings in 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. Janney Montgomery Scott LLC acquired a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter worth approximately $2,289,000. Belpointe Asset Management LLC purchased a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter valued at approximately $1,106,000. EverSource Wealth Advisors LLC purchased 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 grew its position in 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 buying an additional 3,914 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.