Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Update

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 8,341 shares, a decline of 86.0% from the July 15th total of 59,457 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 273,472 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV increased its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 1.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 28,916 shares of the company’s stock valued at $1,018,000 after purchasing an additional 327 shares in the last quarter. CoreCap Advisors LLC grew its position in 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 period. Private Trust Co. NA raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 11.3% during the fourth quarter. Private Trust Co. NA now owns 7,042 shares of the company’s stock valued at $248,000 after acquiring an additional 713 shares in the last quarter. Team Financial Group LLC lifted its stake 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 valued at $7,634,000 after purchasing an additional 1,033 shares during the period. Finally, Nations Financial Group Inc. IA ADV boosted its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.6% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 41,714 shares of the company’s stock worth $1,407,000 after acquiring an additional 1,047 shares in the last quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Down 0.4%

Shares of COWG traded down $0.17 during mid-day trading on Friday, hitting $40.06. The company’s stock had a trading volume of 77,649 shares, compared to its average volume of 416,876. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of 30.38 and a beta of 1.04. The company’s 50-day moving average is $38.54 and its 200-day moving average is $36.68. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 52-week low of $32.64 and a 52-week high of $40.55.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The company 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. This is a positive change from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01. The ex-dividend date was Thursday, June 4th.

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.