Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s stock price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $37.61 and traded as low as $37.19. Pacer US Large Cap Cash Cows Growth Leaders ETF shares last traded at $37.22, with a volume of 537,683 shares trading hands.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Down 5.0%

The stock has a market capitalization of $2.17 billion, a PE ratio of 30.38 and a beta of 1.04. The stock’s fifty day simple moving average is $39.95 and its 200-day simple moving average is $37.61.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Thursday, September 3rd were given a dividend of $0.1916 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, September 3rd.

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

A number of institutional investors have recently added to or reduced their stakes in COWG. BNB Wealth Management LLC lifted its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.8% during the third quarter. BNB Wealth Management LLC now owns 138,357 shares of the company’s stock worth $5,518,000 after acquiring an additional 1,094 shares during the period. Noble Wealth Management PBC boosted its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.8% in the third quarter. Noble Wealth Management PBC now owns 53,312 shares of the company’s stock worth $2,126,000 after purchasing an additional 1,456 shares during the last quarter. Nilsine Partners LLC boosted its position in 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 worth $474,000 after purchasing an additional 1,819 shares during the last quarter. RVW Wealth LLC grew its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 12.8% in the 2nd quarter. RVW Wealth LLC now owns 385,836 shares of the company’s stock valued at $15,490,000 after purchasing an additional 43,848 shares during the period. Finally, CoreCap Advisors LLC grew its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 14.9% in 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 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.