Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Down 37.3% in January

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 79,079 shares, a drop of 37.3% from the December 31st total of 126,065 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 458,049 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 458,049 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

COWG traded down $0.95 during midday trading on Friday, hitting $35.32. 751,557 shares of the company’s stock traded hands, compared to its average volume of 548,393. The company has a market cap of $2.40 billion, a PE ratio of 30.38 and a beta of 1.10. The stock’s fifty day simple moving average is $35.66 and its 200-day simple moving average is $35.56. Pacer US Large Cap Cash Cows Growth Leaders ETF has a one year low of $26.20 and a one year high of $37.17.

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

A number of large investors have recently bought and sold shares of COWG. RVW Wealth LLC grew its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.2% in the 4th quarter. RVW Wealth LLC now owns 296,578 shares of the company’s stock valued at $10,443,000 after buying an additional 49,749 shares during the last quarter. Ethos Financial Group LLC bought a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the second quarter valued at approximately $7,910,000. Team Financial Group LLC grew its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 3.2% in the fourth quarter. Team Financial Group LLC now owns 225,247 shares of the company’s stock worth $7,931,000 after acquiring an additional 6,917 shares during the last quarter. Baird Financial Group Inc. increased its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 13.1% during the second quarter. Baird Financial Group Inc. now owns 173,538 shares of the company’s stock worth $6,093,000 after acquiring an additional 20,074 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 13.3% during the 3rd quarter. Arkadios Wealth Advisors now owns 98,965 shares of the company’s stock valued at $3,592,000 after purchasing an additional 11,633 shares during the last quarter.

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.