Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Down 36.3% in August

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 38,714 shares, a decline of 36.3% from the August 15th total of 60,789 shares. Based on an average trading volume of 240,569 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. RVW Wealth LLC raised its stake in 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 acquiring an additional 43,848 shares in the last quarter. Team Financial Group LLC grew its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.5% in the first quarter. Team Financial Group LLC now owns 226,280 shares of the company’s stock worth $7,634,000 after purchasing an additional 1,033 shares in the last quarter. BNB Wealth Management LLC acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter valued at $7,943,000. EverSource Wealth Advisors LLC raised its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.8% during the first quarter. EverSource Wealth Advisors LLC now owns 106,583 shares of the company’s stock valued at $3,596,000 after purchasing an additional 18,323 shares in the last quarter. Finally, Copia Wealth Management raised its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.9% during the fourth quarter. Copia Wealth Management now owns 42,586 shares of the company’s stock valued at $1,499,000 after purchasing an additional 1,198 shares in the last quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

NASDAQ:COWG opened at $39.29 on Thursday. The firm has a market capitalization of $2.30 billion, a P/E ratio of 30.38 and a beta of 1.04. The business has a 50 day simple moving average of $38.94 and a 200 day simple moving average of $37.42. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 12-month low of $32.64 and a 12-month high of $40.58.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Thursday, September 3rd were paid a dividend of $0.1916 per share. This represents a $0.77 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Thursday, September 3rd.

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.