Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Hits New 52-Week High – Time to Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $39.75 and last traded at $39.75, with a volume of 129 shares trading hands. The stock had previously closed at $38.87.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

The stock has a market capitalization of $2.36 billion, a P/E ratio of 30.38 and a beta of 1.04. The stock has a fifty day moving average price of $37.40 and a 200 day moving average price of $35.91.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 8th. Stockholders of record on Thursday, June 4th were given a $0.0327 dividend. This is an increase from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01. The ex-dividend date was Thursday, June 4th.

Institutional Trading of Pacer US Large Cap Cash Cows Growth Leaders ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of COWG. JPMorgan Chase & Co. lifted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 63,520 shares of the company’s stock worth $2,306,000 after purchasing an additional 63,060 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 33.8% in the third quarter. EverSource Wealth Advisors LLC now owns 70,452 shares of the company’s stock worth $2,557,000 after purchasing an additional 17,788 shares during the period. Colonial Trust Co SC purchased a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the third quarter worth $77,000. Cozad Asset Management Inc. raised its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 15.7% in the third quarter. Cozad Asset Management Inc. now owns 18,845 shares of the company’s stock worth $684,000 after buying an additional 2,564 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the third quarter valued at $227,000.

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.