Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Reaches New 12-Month High – Still a Buy?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s stock price hit a new 52-week high on Thursday . The company traded as high as $40.58 and last traded at $40.58, with a volume of 273615 shares. The stock had previously closed at $39.52.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Up 2.7%

The company has a market cap of $2.38 billion, a P/E ratio of 30.38 and a beta of 1.04. The company’s 50-day moving average is $38.76 and its two-hundred day moving average is $36.95.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were paid a $0.0327 dividend. The ex-dividend date 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 Investors Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

Several large investors have recently modified their holdings of the stock. Sankala Group LLC bought a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter valued at $490,000. BNB Wealth Management LLC bought a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter valued at $7,943,000. RVW Wealth LLC raised its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 12.8% in the second quarter. RVW Wealth LLC now owns 385,836 shares of the company’s stock valued at $15,490,000 after buying an additional 43,848 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of 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 valued at $3,108,000 after buying an additional 17,808 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its position 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 valued at $123,000 after buying an additional 396 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.