Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Hits New 1-Year High – Should You Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $38.82 and last traded at $38.70, with a volume of 264192 shares trading hands. The stock had previously closed at $38.28.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

The company has a market cap of $2.34 billion, a price-to-earnings ratio of 30.38 and a beta of 1.03. The firm’s 50 day simple moving average is $35.65 and its 200-day simple moving average is $35.39.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, March 9th. Shareholders of record on Thursday, March 5th were paid a $0.0103 dividend. The ex-dividend date was Thursday, March 5th.

Hedge Funds Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

Large investors have recently bought and sold shares of the stock. RVW Wealth LLC boosted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.2% in the fourth quarter. RVW Wealth LLC now owns 296,578 shares of the company’s stock valued at $10,443,000 after acquiring an additional 49,749 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 33.8% in the third quarter. EverSource Wealth Advisors LLC now owns 70,452 shares of the company’s stock valued at $2,557,000 after acquiring an additional 17,788 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in 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 acquiring an additional 63,060 shares in the last quarter. Sound Income Strategies LLC acquired a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter valued at $86,000. Finally, Team Financial Group LLC boosted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 3.2% in the fourth quarter. Team Financial Group LLC now owns 225,247 shares of the company’s stock valued at $7,931,000 after acquiring an additional 6,917 shares in 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.