Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Hits New 12-Month High – Here’s What Happened

Shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) reached a new 52-week high on Tuesday . The company traded as high as $39.90 and last traded at $39.90, with a volume of 25178 shares changing hands. The stock had previously closed at $39.60.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

The business’s fifty day moving average price is $37.95 and its two-hundred day moving average price is $36.10. The stock has a market capitalization of $2.35 billion, a P/E ratio of 30.38 and a beta of 1.02.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.0327 per share. The ex-dividend date of this dividend was Thursday, June 4th. This is an increase 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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. RVW Wealth LLC boosted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.2% in 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 period. 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 valued at $2,306,000 after buying an additional 63,060 shares during the period. BNB Wealth Management LLC bought a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter valued at $7,943,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 25.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 88,260 shares of the company’s stock worth $3,108,000 after acquiring an additional 17,808 shares during the last quarter. Finally, Sankala Group LLC purchased a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter worth about $490,000.

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.