Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Down 36.3% in August

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 38,714 shares, a decline of 36.3% from the August 15th total of 60,789 shares. Based on an average daily trading volume, of 240,569 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

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

Institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC boosted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 14.9% during the 2nd quarter. CoreCap Advisors LLC now owns 3,058 shares of the company’s stock valued at $123,000 after purchasing an additional 396 shares in the last quarter. Nilsine Partners LLC lifted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 18.2% in the second quarter. Nilsine Partners LLC now owns 11,810 shares of the company’s stock valued at $474,000 after buying an additional 1,819 shares during the period. Sankala Group LLC acquired a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter valued at $490,000. Janney Montgomery Scott LLC boosted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 9.3% during the first quarter. Janney Montgomery Scott LLC now owns 23,399 shares of the company’s stock valued at $789,000 after buying an additional 1,991 shares in the last quarter. Finally, Cozad Asset Management Inc. boosted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 41.8% during the first quarter. Cozad Asset Management Inc. now owns 26,112 shares of the company’s stock valued at $881,000 after buying an additional 7,698 shares in the last quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Up 1.0%

Shares of NASDAQ:COWG opened at $39.29 on Thursday. The company has a 50 day moving average of $38.94 and a 200-day moving average of $37.42. The firm has a market cap of $2.30 billion, a P/E ratio of 30.38 and a beta of 1.04. Pacer US Large Cap Cash Cows Growth Leaders ETF has a twelve month low of $32.64 and a twelve month high of $40.58.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Thursday, September 3rd were issued a dividend of $0.1916 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.77 annualized dividend and a yield of 2.0%.

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.