Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Stock Price Breaks Below 200-Day Moving Average – Time to Sell?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) shares crossed 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 changing hands.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

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

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders 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

Large investors have recently modified their holdings of the stock. CoreCap Advisors LLC increased its stake in shares of 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 worth $123,000 after purchasing an additional 396 shares during the last quarter. Team Financial Group LLC raised its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.5% in the 1st quarter. Team Financial Group LLC now owns 226,280 shares of the company’s stock worth $7,634,000 after purchasing an additional 1,033 shares during the period. BNB Wealth Management LLC raised its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.8% in the 3rd quarter. BNB Wealth Management LLC now owns 138,357 shares of the company’s stock worth $5,518,000 after purchasing an additional 1,094 shares during the period. Noble Wealth Management PBC lifted its stake 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 valued at $2,126,000 after purchasing an additional 1,456 shares during the last quarter. Finally, Nilsine Partners LLC lifted its stake 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 valued at $474,000 after purchasing an additional 1,819 shares during the last quarter.

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.