Short Interest in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Declines By 97.6%

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 437 shares, a drop of 97.6% from the April 15th total of 18,358 shares. Based on an average daily trading volume, of 326,873 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Up 0.3%

Pacer US Large Cap Cash Cows Growth Leaders ETF stock traded up $0.12 during mid-day trading on Monday, hitting $37.54. 230,648 shares of the stock were exchanged, compared to its average volume of 524,670. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 12 month low of $32.64 and a 12 month high of $37.69. The firm’s fifty day simple moving average is $35.01 and its two-hundred day simple moving average is $35.29. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 30.38 and a beta of 1.03.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, March 9th. Shareholders of record on Thursday, March 5th were issued a dividend of $0.0103 per share. The ex-dividend date was Thursday, March 5th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in COWG. BNB Wealth Management LLC bought a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter worth approximately $7,943,000. JPMorgan Chase & Co. raised its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% during 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 during the last quarter. RVW Wealth LLC raised its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.2% during the 4th quarter. RVW Wealth LLC now owns 296,578 shares of the company’s stock worth $10,443,000 after purchasing an additional 49,749 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 23.3% during the 4th quarter. Arkadios Wealth Advisors now owns 122,039 shares of the company’s stock worth $4,297,000 after purchasing an additional 23,074 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 25.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 88,260 shares of the company’s stock worth $3,108,000 after purchasing an additional 17,808 shares during the last quarter.

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.