Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sets New 52-Week High – Should You Buy?

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

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 2.6%

The company has a 50-day moving average of $37.55 and a 200-day moving average of $35.96. The company has a market cap of $2.29 billion, a PE ratio of 30.38 and a beta of 1.04.

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. Shareholders of record on Thursday, June 4th were issued a dividend of $0.0327 per share. The ex-dividend date of this dividend was Thursday, June 4th. This is a positive change from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

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

Several institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% in the third quarter. JPMorgan Chase & Co. now owns 63,520 shares of the company’s stock valued at $2,306,000 after purchasing an additional 63,060 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 33.8% during 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 last quarter. Colonial Trust Co SC bought a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 3rd quarter worth about $77,000. Cozad Asset Management Inc. grew its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 15.7% in the 3rd quarter. Cozad Asset Management Inc. now owns 18,845 shares of the company’s stock worth $684,000 after purchasing an additional 2,564 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 3rd quarter valued at about $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.