Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s share price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $37.61 and traded as low as $37.19. Pacer US Large Cap Cash Cows Growth Leaders ETF shares last traded at $37.22, with a volume of 537,683 shares trading hands.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 0.1%

The stock has a fifty day moving average of $39.88 and a two-hundred day moving average of $37.62. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 30.38 and a beta of 1.04.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Thursday, September 3rd were paid a dividend of $0.1916 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.77 dividend on an annualized basis and a dividend yield of 2.1%.

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

Several hedge funds have recently bought and sold shares of the company. RVW Wealth LLC increased its holdings 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 position 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 valued at $7,634,000 after purchasing an additional 1,033 shares during the last quarter. BNB Wealth Management LLC grew its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 0.8% in the third quarter. BNB Wealth Management LLC now owns 138,357 shares of the company’s stock valued at $5,518,000 after purchasing an additional 1,094 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.8% in 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 during the last quarter. Finally, Noble Wealth Management PBC increased its stake 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 worth $2,126,000 after purchasing an additional 1,456 shares in 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.