Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Stock Short Interest Report for October

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 156,247 shares, an increase of 106.2% from the September 30th total of 75,759 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 226,868 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

Several hedge funds have recently added to or reduced their stakes in the company. BNB Wealth Management LLC boosted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.8% in the 3rd quarter. BNB Wealth Management LLC now owns 138,357 shares of the company’s stock worth $5,518,000 after purchasing an additional 1,094 shares in the last quarter. Noble Wealth Management PBC increased its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.8% during the 3rd quarter. Noble Wealth Management PBC now owns 53,312 shares of the company’s stock valued at $2,126,000 after purchasing an additional 1,456 shares during the last quarter. Nilsine Partners LLC raised its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 18.2% during the 2nd quarter. Nilsine Partners LLC now owns 11,810 shares of the company’s stock valued at $474,000 after buying an additional 1,819 shares in the last quarter. RVW Wealth LLC raised its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 12.8% during the 2nd 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 in the last quarter. Finally, CoreCap Advisors LLC raised its holdings 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 in the last quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 2.6%

Shares of NASDAQ COWG traded down $1.05 during mid-day trading on Friday, reaching $39.38. 342,557 shares of the company were exchanged, compared to its average volume of 375,116. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 52 week low of $32.64 and a 52 week high of $41.73. The company’s 50 day moving average price is $40.03 and its 200 day moving average price is $37.57. The stock has a market capitalization of $2.29 billion, a PE ratio of 30.38 and a beta of 1.04.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Thursday, September 3rd were given a dividend of $0.1916 per share. The ex-dividend date was Thursday, September 3rd. This represents a $0.77 dividend on an annualized basis and a yield of 1.9%.

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.